Connect with us

Hi, what are you looking for?

Tech News

Elon Musk targets Microsoft in amended OpenAI lawsuit

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…

Continue reading…

You May Also Like

Editor's Pick

In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

Tech News

Image: Becca Farsace / The Verge Instagram is a popular place to show off your latest photos, but if you’re a real photography enthusiast,...

Tech News

Rufino Choque, from the Urus Indigenous community, stands over a boat in the middle of the extinct Poopó Lake, which disappeared in 2015. |...

Politics

When word first broke that Joe Biden would be sitting down with Howard Stern for a live interview Friday on his SiriusXM show, it...

Generated by Feedzy