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PratapDarpan > Blog > World News > Elon Musk, Non -Equal Conversion for Open to Court
World News

Elon Musk, Non -Equal Conversion for Open to Court

PratapDarpan
Last updated: 4 February 2025 23:24
PratapDarpan
4 months ago
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Elon Musk, Non -Equal Conversion for Open to Court
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Elon Musk, Non -Equal Conversion for Open to Court

The lawyers of Elon Musk and the chatter maker Openi are set to behead in court on Tuesday as a judge heard arguments on Musk’s trial, which to prevent conversion into a profitable unit of Openai.

Musk’s request to block the conversion of Openai is the latest step in a stunning match between the world’s richest person and Openai CEO Sam Altman who is playing publicly in court.

The hearing will be held in an American federal court in the northern district of California.

Musk cofked Openi with Altman in 2015, but left before the company flew and later established a competitive AI Startup XAI in 2023.

Openai is now trying to infection from a non-profit institution in a profit-profit institution, which says that it will have to do the best artificial intelligence models to secure the capital required to develop.

Last year, Musk filed a case against Openi and Altman, saying that the founders of Openai had originally approached to fund a non -profit institution focused on developing AI to benefit humanity, but this Now focuses on making money.

He later expanded the trial to connect federal mistrust and other claims, and in December the judge asked the judge presiding over the case to prevent Openai to prevent infection for a profit.

In response to Musk’s trial, Openai has said that it would proceed to dismiss Musk’s claims and Musk should “compete in the market instead of the court room.”

The bet on Openai’s corporate infection has now increased, as Openai’s final funds of $ 6.6 billion and a new round of up to $ 25 billion under discussion with SoftBank on the company’s restructuring to remove non -profit control Is air -conditioned.

Such a reorganization would be highly unusual, said Rosa Chan Louis, Executive Director of UCLA Law Center for Philanthropy and non -profit organizations. Non-profit conversions for profit are historically for hospitals such as health care organizations, not for enterprise capital-supported companies, he said.

(This story is not edited by NDTV employees and auto-generated from a syndicated feed.)

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