Close
A California judge has denied Elon Musk's attempt to prevent OpenAI from transitioning to a for-profit entity. Musk's legal efforts included a $97.4 billion offer to buy OpenAI, contingent on halting its conversion. The court ruled that Musk's claims did not meet the necessary burden of proof for the extraordinary relief he sought.
OpenAI, originally founded as a nonprofit in 2015, has been moving towards commercialization, particularly with its ChatGPT product. Musk's legal actions against OpenAI have escalated, including allegations of antitrust violations involving Microsoft. The ongoing legal battle highlights the tensions between Musk and OpenAI's leadership, particularly as the company aims to restructure for growth.
• Musk's lawsuit against OpenAI continues despite the court's ruling.
• OpenAI's transition to for-profit aims to enhance its AI development capabilities.
A for-profit entity operates to generate profit for its owners, contrasting with nonprofit organizations.
Antitrust laws are regulations that promote competition and prevent monopolistic practices in the market.
A public benefit corporation is a legal structure that allows companies to pursue social goals alongside profit.
OpenAI is an AI research organization focused on developing and promoting friendly AI technologies.
Microsoft is a technology company involved in AI development and has partnerships with OpenAI.
xAI is a startup founded by Musk, focusing on advancing AI technologies and addressing AI safety.
Fox Business on MSN.com 4month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
