OpenAI and Musk agree to fast tracked trial over for-profit shift

Reuters

Updated Sat, Mar 15, 2025, 4:53 AM 2 min read

OAKLAND, California (Reuters) - OpenAI and Elon Musk person agreed to fast-track a proceedings implicit OpenAI's for-profit shift, the latest crook successful a grudge lucifer betwixt the world's richest idiosyncratic and OpenAI CEO Sam Altman playing retired publically successful court.

Billionaire Elon Musk and OpenAI jointly projected a proceedings successful December, according to a national tribunal filing connected Friday.

The parties agreed to hold a determination connected whether the expedited lawsuit volition beryllium decided by a assemblage oregon solely by the judge, said the filing successful U.S. District Court for the Northern District of California.

The justice this period denied Musk's petition to intermission the artificial quality group's modulation to a for-profit exemplary but agreed to an expedited proceedings successful the autumn, the latest crook successful the high-stakes ineligible fight.

"We invited the court's March 4 determination rejecting Elon Musk's latest effort to dilatory down OpenAI for his idiosyncratic benefit," OpenAI said successful a blog station connected Friday.

Musk cofounded OpenAI with Altman successful 2015 but near earlier the institution took disconnected and subsequently founded the competing startup xAI successful 2023.

Last year, the CEO of Tesla and proprietor of the X societal media level sued OpenAI and Altman, accusing OpenAI of straying from its founding ngo — to make AI for the bully of humanity, not firm profit.

OpenAI and Altman person denied the allegations, portion Altman alleges that Musk has been trying to dilatory down a competitor.

At involvement successful the suit is the ChatGPT maker's modulation to a for-profit model, which the startup says is important to raising much superior and competing good successful the costly AI race.

OpenAI’s past fundraising round, of $6.6 billion, and a caller circular of up to $40 cardinal nether treatment with SoftBank Group, are conditioned connected OpenAI restructuring to region the nonprofit’s control.

Friday's filing comes weeks aft Altman, who has said OpenAI is not for sale, rejected a $97.4 cardinal unsolicited takeover bid from a Musk-led consortium with a "no convey you."

(Reporting from Anna Tong successful Oakland and Devika Nair successful Bengaluru; Editing by William Mallard)