
Elon Musk and OpenAI have agreed to accelerate their legal showdown, setting the stage for an autumn trial that could determine the future of the ChatGPT maker’s business model. The latest court filing submitted confirms that both Musk and OpenAI jointly proposed a December trial date.
This comes after a federal judge denied Musk’s request to pause OpenAI’s transition to a for-profit model but granted an expedited hearing on the lawsuit.
“We welcome the court’s March 4 decision rejecting Elon Musk’s latest attempt to slow down OpenAI for his personal benefit,” OpenAI stated in a blog post on Friday.
Musk, who co-founded OpenAI with Sam Altman in 2015 before leaving the company, sued OpenAI and Altman last year, accusing them of abandoning the nonprofit’s original mission to develop AI for humanity and opting for a corporate profit status.
Meanwhile, OpenAI and Altman deny Musk’s claims, arguing that the billionaire is simply trying to slow down a competitor while he builds his own AI venture, xAI.
The lawsuit is all about OpenAI’s transition to a for-profit model, which the company says is essential to attracting investors and competing in the multi-billion-dollar AI race.
OpenAI’s $6.6 billion funding round and an upcoming $40 billion investment under discussion with SoftBank depend on the company removing nonprofit control, a move Musk has legally challenged.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.