MicroWave@lemmy.world to

News@lemmy.worldEnglish · 3 days ago

Elon Musk asks court to block OpenAI from converting to a for-profit

www.nbcnews.com

247

Elon Musk asks court to block OpenAI from converting to a for-profit

www.nbcnews.com

MicroWave@lemmy.world to

News@lemmy.worldEnglish · 3 days ago

The injunction would also stop OpenAI from allegedly requiring its investors to refrain from funding competitors, including xAI and others.

Summary

Elon Musk has filed a court injunction to block OpenAI’s transition to a fully for-profit business and prevent it from allegedly restricting investors from supporting competitors like his AI startup, xAI.

Musk accuses OpenAI and Microsoft of antitrust violations, claiming they used “group boycotts” to limit funding for rivals while benefitting from shared sensitive information.

OpenAI dismissed the allegations as baseless. The legal battle reflects escalating competition in the booming generative AI industry, valued at $157 billion, with Musk’s xAI emerging as a new challenger.

Chat

restingboredface@sh.itjust.works
link
fedilink
English
arrow-up
3·
3 days ago
The article says one of the main claims in the suit is that OpenAi is violating RICO (racketeering) laws. I don’t get how they came up with that but I’m happy someone is turning the screws on them, even if it is Elon.

News@lemmy.world

news@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !news@lemmy.world

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.

2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.

3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.

4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.

5. Only recent news is allowed.

Posts must be news from the most recent 30 days.

6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.

7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.

8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.

9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.

10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

3.35K users / day
7K users / week
12.7K users / month
27K users / 6 months
140 local subscribers
23.4K subscribers
21K Posts
532K Comments
Modlog