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MainNewsMusk Tried t...

Musk Tried to Take Over OpenAI Then Sabotage It? OpenAI’s Lawsuit Claims Yes


by Peter Mwangi
for CoinEdition
  • OpenAI accuses Musk of sabotage and disruption via a fake $97B acquisition offer.  
  • Lawsuit claims Musk sought full control of OpenAI in exchange for solving funding issues.  
  • OpenAI alleges Musk’s actions aimed to boost xAI by harming its business and investor ties.

OpenAI has filed a lawsuit against Elon Musk, accusing the billionaire tech figure of attempting to sabotage the AI company through a pattern of disruption through what it calls a pattern of disruption – including an allegedly fraudulent acquisition proposal reportedly worth $97.375 billion. 

The suit, filed in a California district court, seeks financial damages and orders (injunctive relief) intended to stop Musk’s alleged interference, claiming Musk’s actions aimed to harm OpenAI while benefiting his rival firm, xAI.

What Are OpenAI’s Core Allegations Against Musk?

The legal filing claims Musk first tried to gain co…

The post Musk Tried to Take Over OpenAI Then Sabotage It? OpenAI’s Lawsuit Claims Yes appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Tesla (TSLA): Why Expert Says Stock is Now Facing 40% Upside

Tesla (TSLA): Why Expert Says Stock is Now Facing 40% Upside

It has been an increasingly volatile year for the US stock market, while the Magnific...
NVIDIA Helped Fuel Crypto Mining, Now It’s Snubbing Crypto Startups

NVIDIA Helped Fuel Crypto Mining, Now It’s Snubbing Crypto Startups

In a twist reflecting shifting tech priorities, NVIDIA—whose hardware fueled crypto m...
MainNewsMusk Tried t...

Musk Tried to Take Over OpenAI Then Sabotage It? OpenAI’s Lawsuit Claims Yes


by Peter Mwangi
for CoinEdition
  • OpenAI accuses Musk of sabotage and disruption via a fake $97B acquisition offer.  
  • Lawsuit claims Musk sought full control of OpenAI in exchange for solving funding issues.  
  • OpenAI alleges Musk’s actions aimed to boost xAI by harming its business and investor ties.

OpenAI has filed a lawsuit against Elon Musk, accusing the billionaire tech figure of attempting to sabotage the AI company through a pattern of disruption through what it calls a pattern of disruption – including an allegedly fraudulent acquisition proposal reportedly worth $97.375 billion. 

The suit, filed in a California district court, seeks financial damages and orders (injunctive relief) intended to stop Musk’s alleged interference, claiming Musk’s actions aimed to harm OpenAI while benefiting his rival firm, xAI.

What Are OpenAI’s Core Allegations Against Musk?

The legal filing claims Musk first tried to gain co…

The post Musk Tried to Take Over OpenAI Then Sabotage It? OpenAI’s Lawsuit Claims Yes appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Tesla (TSLA): Why Expert Says Stock is Now Facing 40% Upside

Tesla (TSLA): Why Expert Says Stock is Now Facing 40% Upside

It has been an increasingly volatile year for the US stock market, while the Magnific...
NVIDIA Helped Fuel Crypto Mining, Now It’s Snubbing Crypto Startups

NVIDIA Helped Fuel Crypto Mining, Now It’s Snubbing Crypto Startups

In a twist reflecting shifting tech priorities, NVIDIA—whose hardware fueled crypto m...