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OpenAI Faces Antitrust Allegations as Musk Targets Generative AI Monopoly

November 15, 2024 

Elon Musk (TSLA) has expanded his lawsuit against OpenAI, adding federal antitrust claims and naming Microsoft (MSFT), OpenAI’s largest financial backer, as a defendant. The amended complaint, filed in Oakland, California, accuses OpenAI and Microsoft of attempting to monopolize the generative artificial intelligence market by sidelining competitors and imposing restrictive agreements on potential investors. Musk, who co-founded OpenAI in 2015, has long criticized the organization for prioritizing profits over its original mission of public benefit. The lawsuit seeks to revoke OpenAI’s license with Microsoft and to force divestiture of alleged “ill-gotten” gains.

https://www.nasdaq.com/articles/openai-faces-antitrust-allegations-musk-targets-generative-ai-monopoly

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