Public statements or press releases from regulatory bodies such as the FTC

Elon Musk Files Injunction Against OpenAI's For-Profit Move, Alleges Anti-Competitive Behavior

Dec 1, 2024, 03:32 AM

Elon Musk has filed a motion for a preliminary injunction to halt OpenAI's transition to a for-profit entity. Musk's legal action, filed in a US court, alleges that OpenAI is engaging in anti-competitive behavior by discouraging investors from backing rival companies like xAI. The injunction also seeks to prevent OpenAI from further attempts to convert to a for-profit company, arguing that such a move could harm competition and disrupt the AI landscape. Musk's attorneys claim that OpenAI's close partnership with Microsoft prioritizes profits over the public good, and that OpenAI has been improperly sharing information with Microsoft, potentially violating its original nonprofit mission to develop AI for humanity's benefit.