Loading...
Market
Story
Elon Musk Seeks Injunction to Halt OpenAI's For-Profit Move, Alleges Anti-Competitive Actions Against xAI
Nov 30, 2024, 10:48 PM
Elon Musk has filed a preliminary injunction on November 30, 2024, to prevent OpenAI from converting into a for-profit company, alleging that the move betrays the organization's original nonprofit mission to develop AI for humanity's benefit. Musk's attorneys claim that OpenAI, in close partnership with Microsoft, is engaging in anti-competitive behavior and improper information sharing, including extracting promises from investors not to fund rival AI ventures such as his own xAI. The injunction accuses OpenAI of depriving xAI of capital, misusing funds, and prioritizing profits over the public good. Musk's legal team argues that OpenAI and Microsoft are exploiting his donations to build a for-profit monopoly targeting xAI. The legal action raises significant questions about antitrust violations, the future of AI development, and competition in the tech industry.
View original story
Similar markets
Major operational changes • 25%
Minor operational changes • 25%
No operational changes • 25%
Business closure • 25%
Significant operational changes • 25%
Minor operational changes • 25%
No operational changes • 25%
Company closure • 25%
Funding increases • 25%
Funding decreases • 25%
No significant change • 25%
Funding halted • 25%
xAI fined • 25%
xAI obtains permits • 25%
xAI shuts down turbines • 25%
No significant outcome • 25%
Less than $3 billion • 25%
$3 billion to $5 billion • 25%
More than $5 billion • 25%
No fundraising completed • 25%
Less than $1 billion • 25%
$1 billion to $5 billion • 25%
More than $5 billion • 25%
No financial impact • 25%
Major success with multiple games launched • 25%
Moderate success with some games launched • 25%
Minimal success with few games launched • 25%
No successful game launches • 25%
NVIDIA changes financial reporting practices • 25%
No change in reporting practices • 25%
Enhanced disclosure of crypto-related sales • 25%
Other outcome • 25%
Settlement reached • 25%
Case dismissed • 25%
Character AI wins • 25%
Ongoing litigation • 25%
Increase • 25%
Decrease • 25%
No significant change • 25%
Data not available • 25%
Less than $30 billion • 25%
$30 billion to $40 billion • 25%
$40 billion to $50 billion • 25%
More than $50 billion • 25%
Settlement • 25%
Dismissed • 25%
Trial verdict in favor of plaintiff • 25%
Trial verdict in favor of Character AI • 25%