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Elon Musk files for injunction to halt OpenAI's transition to a for-profit (techcrunch.com)

submitted 2 days ago by [email protected] to c/[email protected]

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Attorneys for tech billionaire Elon Musk have filed for a preliminary injunction against OpenAI, several of its co-founders, and its investor and close collaborator, Microsoft, to prevent OpenAI and other named defendants from engaging in what Musk’s counsel claims is anticompetitive behavior.

Case file: https://storage.courtlistener.com/recap/gov.uscourts.cand.433688/gov.uscourts.cand.433688.46.0.pdf

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[–] Blue_Morpho 25 points 2 days ago* (last edited 2 days ago) (1 children)

So if I'm reading this correctly, Musk is arguing that because he is a minority shareholder of OpenAI, OpenAI can't do anything would diminish the value of his other company, xAI.

I think I should buy a share of Tesla stock, incorporate an EV car company ( it doesn't need to be profitable because neither xAI nor OpenAI are profitable), then sue Tesla on the grounds that Tesla can't be allowed to profit because that will hurt my company.

(For reference the suit lists Musk's $10m investment in OpenAI whereas MS has invested $13B.)

[–] [email protected] 11 points 2 days ago

Sure, just have that team of lawyers you have on retainer go ahead and file it for you