{
}
A federal judge has denied Elon Musk's request to block OpenAI's conversion to a for-profit entity, stating he did not demonstrate a likelihood of success in his claims. However, she is open to expediting a trial to address Musk's allegations of breach of contract and competition stifling against OpenAI and its CEO, Sam Altman. Musk's legal actions stem from his concerns over the company's shift from its nonprofit roots, despite his significant investments and a recent bid to acquire a controlling stake.
A U.S. court has denied Elon Musk's request for a preliminary injunction to block OpenAI's transition to a for-profit model, stating he did not meet the necessary legal standards. However, Judge Yvonne Gonzalez Rogers is set to expedite a trial on the matter, which Musk's lawyer claims involves urgent public interest issues. Musk's lawsuit alleges that OpenAI's founders misused charitable contributions intended for public benefit, as he seeks to challenge the company's profit-driven direction.
A federal judge in California has denied Elon Musk's attempt to block OpenAI's transition to a for-profit entity, stating that the plaintiffs did not meet the burden of proof for such an extraordinary request. While Musk's lawsuit can proceed, he has criticized OpenAI's shift as a "total scam" and offered to buy control of the nonprofit for $97.4 billion, which OpenAI's CEO Sam Altman dismissed as a tactic to hinder competition. OpenAI plans to establish a public benefit corporation to oversee its commercial operations while still being governed by a nonprofit parent.
Elon Musk and Sam Altman are embroiled in a significant feud, marked by Musk's attempts to undermine Altman's leadership at OpenAI, the company they co-founded. Musk has launched a rival AI startup, pursued legal action against OpenAI's restructuring, and made a failed $97 billion bid for the nonprofit controlling ChatGPT. Altman has criticized Musk's actions, labeling him a bully and mocking his AI products.
Elon Musk endorses the slogan "Don’t Google it, Grok it," promoting his AI chatbot Grok as a competitor to OpenAI's ChatGPT and Google Gemini. Musk's xAI recently launched Grok-3, claiming it outperforms rivals in various benchmarks and offers over ten times the computational power of its predecessor. Grok-3 is available to X Premium+ subscribers for $22 monthly.
Biograph, co-founded by longevity expert Dr. Peter Attia and Silicon Valley figure John Hering, has emerged from stealth as a leading preventive health and diagnostics clinic. With a focus on collecting over 1,000 health data points, it offers memberships starting at $7,500 annually, aiming to optimize lifespan and uncover urgent health insights. The startup, backed by notable investors, plans to expand globally following its initial launch in Silicon Valley and a forthcoming location in New York City.
Sam Altman and Elon Musk are vying for President Trump's approval to advance their ambitious tech ventures, including OpenAI and xAI, which rely on federal support. This rivalry underscores Trump's patronage-driven governance style and highlights how tech leaders are aligning with his administration to further their interests, despite potential ideological conflicts.
Elon Musk's ongoing feud with OpenAI CEO Sam Altman intensified after Musk's failed $97 billion bid to acquire the company, which he co-founded. Musk has criticized OpenAI for straying from its original mission of prioritizing public good, while Altman argues that going private was necessary for growth. The rivalry has escalated amid political developments and Musk's launch of his own AI venture, xAI, which has yet to rival OpenAI's dominance.
Sukesh Chandrashekhar, a jailed conman in India, has offered Elon Musk a $2 billion investment for his platform X, formerly Twitter, proposing $1 billion immediately and another $1 billion next year. In a letter, he praised Musk's leadership and expressed a desire to contribute to the platform's growth. This follows a similar investment proposal to OpenAI's Sam Altman, where he offered $2 billion for its Indian operations, claiming innocence in his legal troubles and highlighting his past success in online gaming.
Warren Buffett's increased investment in Japan's trading houses offers a rare boost for Prime Minister Shigeru Ishiba's struggling government, yet it highlights a lack of broader economic reforms. While Buffett opts for established conglomerates, SoftBank's Masayoshi Son champions disruptive tech investments, underscoring Japan's need for a vibrant startup ecosystem. Without significant policy changes to attract more foreign capital, the potential for transformative growth remains unfulfilled.
Sam Altman
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
judge denies musk's bid to block openai's for-profit conversion
05:46 05.03.2025
judge denies musk's request to block openai's for-profit transition
05:03 05.03.2025
judge rejects musk's bid to block openai's for-profit transformation
01:53 05.03.2025
musk and altman clash in high-stakes battle for ai dominance
17:24 03.03.2025
elon musk promotes grok as a competitor to chatgpt and google gemini
10:46 02.03.2025
longevity startup biograph launches with focus on preventive health diagnostics
USA
CAN
John Hering
Michael Doney
Alexander Tamas
Balaji Srinivasan
Peter Attia
Sam Altman
Show more
23:22 28.02.2025
rivalry between sam altman and elon musk for trump's approval
20:42 26.02.2025
musk and altman feud escalates amid openai's transformation and political ties
11:05 26.02.2025
jailed conman offers two billion dollars to elon musk for investment
United States Dollar
IND
Chandrababu Naidu
Jacqueline Fernandes
Sam Altman
Arvind Kejriwal
Sukesh Chandrasekhar
Donald Trump
Karan Johar
Elon Musk
Show more
10:13 26.02.2025
buffett's growing interest in japan presents opportunity for economic reform
Japanese Yen
United States Dollar
Berkshire Hathaway Inc.
Mitsui & Co. (Asia Pacific) PTE. Ltd.
JPN
Shinzo Abe
Larry Ellison
Sam Altman
Masayoshi Son
Warren Buffett
Donald Trump
Fumio Kishida
Shigeru Ishiba
Show more
01:00 26.02.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Finance Mergers & Acquisitions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Central Bank Actions
Industry Mergers & Acquisitions
Inflation and Monetary Impact
Government Economic Policies
CEO Changes
Market Analysis and Predictions
Domestic Politics
Workplace Trends
Government Policies
GDP Growth & Recession Forecasts
Financial Scams and Security
Countries:
Companies:
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Barclays PLC
Deutsche Bank Money Market PP
The Goldman Sachs Group, Inc.
Credit Suisse Strategic Income I
Banco Santander, S.A.
Berkshire Hathaway Inc.
SpaceXCoin USD
Bank of America Corporation
Morgan Stanley
UBS Group AG
BNP Paribas SA
Amazon.com, Inc.
Wells Fargo & Company
Lloyds Banking Group plc
NVIDIA Corporation
Bank Frick AG
Citigroup Inc.
Currencies:
United States Dollar
Euro
Japanese Yen
British Pound Sterling
Swiss Franc
Indian Rupee
Chinese Yuan
South Korean Won
Vietnamese Đồng
Canadian Dollar
Australian Dollar
Thai Baht
Singapore Dollar
Indonesian Rupiah
New Taiwan Dollar
Mexican Peso
Russian Ruble
Hong Kong Dollar
Offshore Chinese Yuan
New Zealand Dollar
People:
Donald Trump
Elon Musk
JD Vance
Warren Buffett
Sergio Ermotti
Mark Haefele
Robin Leopold
Troy L Rohrbaugh
Jennifer Piepszak
Olivier Calvet
Karoline Leavitt
Ursula von der Leyen
Scott Bessent
Stacey Friedman
George Saravelos
Francois Xavier Bouvignies
Joseph Spak
Stefan Rauti
Susan P. Crawford
Greg Rubini