
OpenAI and Elon Musk Set December Trial Date Over For-Profit Dispute
OpenAI and Elon Musk have agreed to a December trial date to address their ongoing legal dispute over OpenAI's transition to a for-profit model. This decision was made to expedite the proceedings, as reported by Reuters, citing court documents. The trial will determine whether the case will be heard by a jury or solely by a judge.
Musk, who co-founded OpenAI with Sam Altman in 2015, left the company before its significant growth in the AI sector. In 2024, Musk filed a lawsuit against OpenAI and Altman, claiming that the company deviated from its original nonprofit mission. OpenAI, however, maintains that the shift to a for-profit model is essential for raising capital and competing in the AI industry.
Recently, a court rejected Musk's request for a preliminary injunction to halt OpenAI's transition, stating that Musk had not demonstrated a likelihood of success on the merits of his claims. OpenAI has expressed confidence in the court's decision and reiterated its commitment to maintaining a nonprofit component within its structure.
We hope you enjoyed this article.
Consider subscribing to one of several newsletters we publish. For example, in the Daily AI Brief you can read the most up to date AI news round-up 6 days per week.
Also, consider following our LinkedIn page AI Brief.
More from: Regulation
Subscribe to Daily AI Brief
Daily report covering major AI developments and industry news, with both top stories and complete market updates