OpenAI Countersues Musk, Claims Fake Takeover Bid Was Meant To Disrupt Company’s Future

Benzinga

OpenAI and its legal team asked a judge to bar Elon Musk from further actions against the company and hold him accountable for alleged harm he has already caused, according to TechCrunch. OpenAI’s countersuit claims that Musk’s ongoing attacks, including a fake takeover bid, have already harmed the company and threatened further damage to its mission and public interest. The company was founded as a non-profit in 2015 and adopted a capped-profit model in 2019 and now plans to become a public benefit corporation. Musk’s lawsuit accuses OpenAI of straying from its original non-profit mission to benefit humanity.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02OpenAI and its legal team asked a judge to bar Elon Musk from further actions

00:06against the company and hold him accountable for alleged harm he has already caused,

00:10according to TechCrunch. OpenAI's countersuit claims that Musk's ongoing attacks,

00:15including a fake takeover bid, have already harmed the company and threatened further

00:19damage to its mission and public interest. The company was funded as a non-profit in 2015

00:24and adopted a cap profit model in 2019, now plans to become a public benefit corporation.

00:31Musk's lawsuit accuses OpenAI of straying from its original non-profit mission

00:35to benefit humanity. For all things money, visit Benzinga.com slash GSTV.

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