Billionaire Elon Musk targets Microsoft in OpenAI lawsuit

Billionaire Elon Musk sued OpenAI in August, accusing the company and its CEO Samuel Altman of violating a contract by putting profits above the public interest in advancing artificial intelligence (AI), according to Reuters. Now he has added Microsoft, OpenAI's financial backer, as a defendant.

Billionaire Elon Musk Targets Microsoft in Expanded Lawsuit Against OpenAI

“No company has ever gone from a tax-exempt charity to a $175 billion profit, crippling the market, in just eight years,” the lawsuit states.

Billionaire Elon Musk is asking a court to revoke OpenAI’s license to Microsoft and force them to forfeit their ill-gotten gains. Musk’s amended lawsuit, filed in Oakland, California on November 14, alleges that Microsoft and OpenAI are illegally trying to monopolize the market for generative AI and sideline competitors.

OpenAI said Mr Musk’s latest lawsuit was baseless and more outrageous than previous ones. Microsoft did not comment.

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Mr Musk has long railed against OpenAI, the company he co-founded. Since launching its ChatGPT software in late 2022 to much fanfare, OpenAI has become a household name in the generative AI industry and has received billions of dollars in investment from Microsoft.

The expanded lawsuit says OpenAI and Microsoft violated antitrust laws by conditioning investment opportunities on agreements not to cooperate with their competitors. The lawsuit argues that the exclusive licensing agreement between the companies amounts to a merger without regulatory approval.

In a court filing in October, OpenAI accused Mr. Musk of suing to harass the company for his competitive advantage.

Source: https://thanhnien.vn/ti-phu-elon-musk-nham-den-microsoft-trong-don-kien-openai-185241116092420284.htm