
Elon Musk files for injunction to block OpenAI from transition to for-profit organisation
- by english.mathrubhumi
- Dec 01, 2024
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Elon Musk files for injunction to halt OpenAI's shift to a for-profit model, citing concerns about investor restrictions and competition Channel
OpenAI has seen its profile skyrocket over recent years as it has become a star player in the growing field of artificial intelligence.
OpenAI was founded as a non-profit and has since switched to a "capped" for-profit enterprise. It is currently seeking to become a for-profit public benefit corporation, which could attract more investment.
After leaving in 2018, Musk said he was uncomfortable with the profit-driven direction the company was taking under the stewardship of CEO Sam Altman.
He filed a lawsuit against the company in March, accusing it of breaking its original non-profit mission to make AI research available to all. OpenAI argues that Musk's lawsuit, as well as his embrace of open source development for AI, is little more than a case of sour grapes after leaving the company.
AFP
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