Elon Musk and Sam Altman, billionaires who co-founded OpenAI, are engaged in a legal battle over the company’s plan to restructure into a for-profit entity. Musk has accused OpenAI of becoming closed source and profit-maximizing, claiming it would create a monopoly in the AI industry. However, a federal judge indicated that she is unlikely to grant Musk’s request for a preliminary injunction to halt OpenAI’s conversion. Musk and Altman had a falling out, leading Musk to launch his own AI company, xAI, as a competitor to OpenAI. The tension between the two escalated, leading to a lawsuit. U.S. companies are investing heavily in AI, and OpenAI’s plan to pivot to a for-profit structure is seen as a way to compete with major players in the industry. The company aims to develop artificial general intelligence for the public benefit. Musk’s attorney argued that OpenAI is seeking to stifle its competitors, while OpenAI’s lawyer defended the company’s decision, citing economic reasons for raising more capital. The case will likely go to trial, where Musk will present his arguments to a jury. Other tech companies, such as Meta, have also opposed OpenAI’s conversion to a for-profit entity. At the center of the dispute is whether OpenAI’s restructuring is in line with its initial mission as a nonprofit research lab.
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