5 Steps to Building an Audience with #Hashtags
5 Steps to Building an Audience with #Hashtags
12 Steps to Create Videos

Elon Musks new legal strike targets OpenAIs shift to profit [Video]

Categories
Startup Funding

Musk’s legal team accuses OpenAI and Microsoft of violating federal racketeering and antitrust laws.

Elon Musk, along with his AI startup xAI and Shivon Zilis, a former OpenAI board member, has taken a firm stance against OpenAI’s shift to a fully for-profit business model.

Musk’s legal team filed for a preliminary injunction in federal court, aiming to halt this transformation. They also accused OpenAI of requiring investors to avoid funding competitors, including xAI, as part of alleged anti-competitive practices.

This injunction marks a new chapter in an ongoing legal feud involving Musk, OpenAI CEO Sam Altman, Microsoft, and other prominent stakeholders like Reid Hoffman. Musk originally filed a lawsuit against OpenAI in March 2024 in a San Francisco state court but later transitioned the case to federal court.

In their expanded complaint filedin November, Musk’s attorneys alleged violations of antitrust laws and federal racketeering (RICO) statutes. Central to the …

The Implications of AI in Digital Marketing
The Implications of AI in Digital Marketing
5 Steps to Creating Successful Ads