Elon Musk Files Preliminary Injunction To Block OpenAI From Transition to For-Profit Organisation Alleging Anti-Competitive Behaviour

Elon Musk has filed a preliminary injunction to prevent OpenAI from transitioning to a for-profit organization, citing concerns over alleged anti-competitive behavior.

OpenAI Logo, Elon Musk (Photo Credits: Wikimedia Commons)

New Delhi, December 1: Tech billionaire Elon Musk has filed for a preliminary injunction against Sam Altman-run OpenAI for alleged anti-competitive behaviour. The motion for an injunction accuses OpenAI, its CEO Sam Altman, President Greg Brockman, Microsoft, LinkedIn co-founder and former OpenAI board member Reid Hoffman, and former OpenAI board member and Microsoft VP Dee Templeton of 슬롯사이트various illicit activities and seeks to halt them,슬롯사이트 according to reports.

The reports mentioned that the allegations include discouraging investors from backing OpenAI rivals like Musk슬롯사이트s own AI company, xAI and benefitting from 슬롯사이트wrongfully obtained competitively sensitive information슬롯사이트 through OpenAI슬롯사이트s connections with Microsoft. The allegations also include converting OpenAI슬롯사이트s governance structure to a for-profit and 슬롯사이트transferring any material assets, including intellectual property owned, held, or controlled by OpenAI, Inc., its subsidiaries, or affiliates.슬롯사이트슬롯 머신 사이트 추천Salesforce CEO Marc Benioff Praises Elon Musk and Calls Him 슬롯사이트Edison of Our Era슬롯사이트, Says His Efforts via DOGE Could Revolutionise United States.

슬롯사이트An injunction to preserve what is left of OpenAI슬롯사이트s nonprofit character, free from self-dealing, is the only appropriate remedy. If not, the OpenAI promised to Musk and the public will be long gone by the time the court reaches the merits,슬롯사이트 read the motion. OpenAI said in a statement that 슬롯사이트Elon슬롯사이트s fourth attempt, which again recycles the same baseless complaints, continues to be utterly without merit.슬롯사이트 The AI company had earlier called the lawsuit 슬롯사이트blusterous슬롯사이트 and baseless.슬롯 머신 사이트 추천X Parody Labels: Elon Musk슬롯사이트s X Could Introduce Distinct 슬롯사이트Labels슬롯사이트 for Satire Accounts, Likely Struggle To Enforce Them.

In the motion for an injunction, Musk attorneys wrote that 슬롯사이트Maintaining OpenAI슬롯사이트s charitable status pending final resolution and halting further self-dealing transactions by Altman protect both the organisation슬롯사이트s founding mission and the public interest in proper administration of charities슬롯사이트. In his amended lawsuit against OpenAI, filed in a district court in California, Musk슬롯사이트s lawyers argued that OpenAI is 슬롯사이트actively trying to eliminate competitors슬롯사이트 such as xAI by 슬롯사이트extracting promises from investors not to fund them.슬롯사이트 The lawsuit further alleged that 슬롯사이트never before has a corporation gone from tax-exempt charity to a $157 billion for-profit, market-paralysing gorgon 슬롯사이트 and in just eight years슬롯사이트.

(The above story first appeared on LatestLY on Dec 01, 2024 10:09 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

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