Elon Musk is taking his battle against OpenAI’s profit structure shift to court. A judge has indicated that the case may go to trial, which could determine the future of the AI company. In 2015, Musk co-founded OpenAI with Sam Altman. The company has recently announced its intention to convert from a non-profit to a for-profit entity.
Musk’s lawsuit argues that this change is necessary to raise capital and ensure the company’s survival. However, this type of conversion is rare in the nonprofit sector. Experts say that such a shift can be beneficial but also comes with risks.
The trial could have significant implications for OpenAI and its future plans. Musk’s involvement has been instrumental in shaping the company’s direction, and his concerns about the profit structure shift will likely be closely scrutinized by the court.
Source: https://www.reuters.com/legal/elon-musk-openai-head-court-spar-over-nonprofit-conversion-2025-02-04