{"id":260548,"date":"2025-03-17T12:00:07","date_gmt":"2025-03-17T12:00:07","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/03\/17\/openai-elon-musk-agree-to-fast-tracked-trial-over-for-profit-shift\/"},"modified":"2025-03-17T12:00:07","modified_gmt":"2025-03-17T12:00:07","slug":"openai-elon-musk-agree-to-fast-tracked-trial-over-for-profit-shift","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/03\/17\/openai-elon-musk-agree-to-fast-tracked-trial-over-for-profit-shift\/","title":{"rendered":"OpenAI, Elon Musk Agree to Fast Tracked Trial Over For-Profit Shift"},"content":{"rendered":"
\"OpenAI,<\/div>


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OpenAI and Elon Musk have agreed to fast-track a trial over OpenAI’s for-profit shift, the latest turn in a grudge match between the world’s richest person and OpenAI CEO Sam Altman playing out publicly in court.<\/p>\n

Billionaire Elon Musk<\/a> and OpenAI<\/a> jointly proposed a trial in December, according to a federal court filing on Friday.<\/p>\n

The parties agreed to delay a decision on whether the expedited case will be decided by a jury or solely by the judge, said the filing in US District Court for the Northern District of California.<\/p>\n

The judge this month denied Musk’s request to pause the Artificial Intelligence (AI) group’s transition to a for-profit model but agreed to an expedited trial in the autumn, the latest turn in the high-stakes legal fight.<\/p>\n

“We welcome the court’s March 4 decision rejecting Elon Musk’s latest attempt to slow down OpenAI for his personal benefit,” OpenAI said in a blog post on Friday.<\/p>\n

Musk cofounded OpenAI with Altman in 2015 but left before the company took off and subsequently founded the competing startup xAI<\/a> in 2023.<\/p>\n

Last year, the CEO of Tesla<\/a> and owner of the X social media platform sued OpenAI and Altman<\/a>, accusing OpenAI of straying from its founding mission \u2014 to develop AI for the good of humanity, not corporate profit.<\/p>\n

OpenAI and Altman have denied the allegations, while Altman alleges that Musk has been trying to slow down a competitor.<\/p>\n

At stake in the lawsuit is the ChatGPT<\/a> maker’s transition to a for-profit model, which the startup says is crucial to raising more capital and competing well in the expensive AI race.<\/p>\n

OpenAI’s last fundraising round, of $6.6 billion (roughly Rs. 57,288 crore), and a new round of up to $40 billion (roughly Rs.\u00a03,47,177 crore) under discussion with SoftBank Group, are conditioned on OpenAI restructuring to remove the nonprofit’s control.<\/p>\n

Friday’s filing comes weeks after Altman, who has said OpenAI is not for sale, rejected a $97.4 billion (roughly Rs.\u00a08,45,442 crore) unsolicited takeover bid from a Musk-led consortium with a “no thank you.”<\/p>\n

\u00a9 Thomson Reuters 2025<\/em><\/p>\n

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)<\/i><\/p>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

OpenAI and Elon Musk have agreed to fast-track a trial over OpenAI’s for-profit shift, the latest turn in a grudge match between the world’s richest person and OpenAI CEO Sam Altman playing out publicly in court. Billionaire Elon Musk and OpenAI jointly proposed a trial in December, according to a federal court filing on Friday. […]<\/p>\n","protected":false},"author":2,"featured_media":260549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/i.gadgets360cdn.com\/large\/large_-_2025-02-13T115417008_1739428057259.jpg","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[3748,1274,10240,2534,2210,130809,6039,1101,200887,11456,5516,14702,6230],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/260548"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=260548"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/260548\/revisions"}],"predecessor-version":[{"id":260550,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/260548\/revisions\/260550"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/260549"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=260548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=260548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=260548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}