Elon Musk Sues OpenAI in Federal Court Over For-Profit Transition

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Elon Musk Sues OpenAI in Federal Court Over For-Profit Transition
Elon MuskOpenaiFederal Court
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Elon Musk has filed a lawsuit against OpenAI in federal court to prevent its conversion into a fully for-profit business, alleging violations of racketeering and antitrust laws.

Elon Musk has filed a lawsuit against OpenAI in a federal court seeking an injunction to prevent the company from becoming a fully for-profit entity. Musk's legal team, represented by attorneys, claims that OpenAI should not be allowed to operate under any corporate form that serves Microsoft's financial interests. The lawsuit also seeks to halt OpenAI's alleged practice of requiring investors to refrain from funding competitors, including xAI and others.

This legal action escalates the feud between Musk, OpenAI, and its CEO Sam Altman, adding allegations of violations of federal racketeering laws and antitrust laws

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