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Science & Tech: Elon Musk Wanted To Make Openai A

SCIENCE & TECH: Elon Musk wanted to make OpenAI a for-profit company, messages show

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OpenAI said it would ask a judge in California on Friday to reject a request by billionaire Elon Musk to halt the ChatGPT maker’s conversion to a for-profit company.

OpenAI also published a trove ofΒ emails and text messagesΒ with Musk on its website to argue that he initially backed for-profit status for OpenAI before walking away from the company after failing to get a majority equity stake and full control.

Musk,Β who was an OpenAI cofounder,Β has since launched a competing artificial intelligence company, xAI.

Sam Altman’s OpenAI published a trove ofΒ emails and text messagesΒ with Elon Musk on its website to argue that he initially backed for-profit status for OpenAI before walking away from the company after failing to get a majority stake. Getty Images

MuskΒ sued OpenAI, its CEO Sam Altman and others inΒ August,Β claiming they violated contract provisions by putting profits ahead of the public good in the push to advance AI. In November he asked US District Judge Yvonne Gonzalez Rogers in Oakland for a preliminary injunction blocking OpenAI from converting to a for-profit structure.

A lawyer for Musk did not immediately respond to a request for comment on Friday.

OpenAI’s blog post said Musk β€œshould be competing in the marketplace rather than the courtroom.”

Musk has sinceΒ added MicrosoftΒ and others as defendants to his lawsuit, alleging OpenAI was scheming to sideline rivals and monopolize the market for generative artificial intelligence.

OpenAI started as a nonprofit in 2014 and has become the face of generative AI through billions of dollars in funding from Microsoft. In October it closed aΒ $6.6 billion fundingΒ round from investors, which could value the company at $157 billion.

Musk’s xAI earlier this month said it hadΒ raisedΒ about $6 billion in equity financing.

Elon MuskΒ sued OpenA inΒ August,Β claiming they violated contract provisions by putting profits ahead of the public good in the push to advance AI. AP
OpenAI closed aΒ $6.6 billion fundingΒ round from investors, which could value the company at $157 billion. AP

OpenAI is working on aΒ plan to restructureΒ its core business into a for-profit benefit corporation.

The OpenAI nonprofit would own a minority stake in the for-profit company.

Rogers is scheduled to hear arguments on Musk’s injunction bid on Jan. 14.



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