Elon Musk targets Microsoft in amended OpenAI lawsuit
by Jess Weatherbed from The Verge - All Posts on (#6S8CA)
Image: Kristen Radtke / The Verge; Getty Images Elon Musk has updated his fraud, breach of contract, and racketeering lawsuit against OpenAI to make antitrust claims against Microsoft, accusing the two companies of attempting to monopolize the generative AI market." The amended complaint filed on Thursday names Microsoft as a new defendant, as well as LinkedIn co-founder Reid Hoffman and Microsoft VP Dee Templeton, a former OpenAI board member.
Microsoft has invested $14 billion in OpenAI since 2019 and holds exclusive rights to commercially license the AI startup's technology and a 49 percent stake in its for-profit subsidiary. Musk's lawyers say that former OpenAI CEO Sam Altman engaged in rampant self-dealing" to create a de facto merger" between the two companies to promote...