litigation

Jan. 21 (Bloomberg) -- In an interview with Bloomberg on the sidelines of the World Economic Forum in Davos, OpenAI CFO Sarah Friar responded to Elon Musk's legal maneuvering to prevent OpenAI from transforming itself into a for-profit company by saying it's a competitive tactic. Friar said, "We hope he doesn't continue to compete through legal means." Musk, who was one of the early founding members of OpenAI and currently owns xAI, has accused OpenAI of going against its non...

Elon Musk recently said on X that he would drop the lawsuit against OpenAI if OpenAI agreed to change its name to "ClosedAI." Musk previously filed a lawsuit against OpenAI and its CEO Sam Altman, claiming that they violated the original contractual agreement between the two parties regarding the development of artificial intelligence. OpenAI quickly fought back against Musk's allegations, saying that the core of the conflict between the two parties was the discussion around the transition to a for-profit structure. OpenAI said that Musk had proposed merging with Tesla or taking full control of OpenA...