CosmicTaco

Meta Opposes OpenAI's For-Profit Shift

CosmicTaco · 2024-12-14T12:03:36.836818+05:30

- Meta has urged California's attorney general to block OpenAI's transition to a for-profit company, aligning with Elon Musk against the AI firm. - The company argues that OpenAI's shift could set a dangerous precedent, allowing startups to exploit nonprofit benefits before going for-profit. - OpenAI, backed by Microsoft and Apple, defends its restructuring, claiming it will still maintain a nonprofit arm to fulfill its mission. Source: [Wall Street Journey](https://www.wsj.com/tech/ai/elon-musk-open-ai-lawsuit-response-c1f415f8?st=GeiGcV&reflink=desktopwebshare_permalink)

Meta has urged California's attorney general to block OpenAI's transition to a for-profit company, aligning with Elon Musk against the AI firm.
The company argues that OpenAI's shift could set a dangerous precedent, allowing startups to exploit nonprofit benefits before going for-profit.
OpenAI, backed by Microsoft and Apple, defends its restructuring, claiming it will still maintain a nonprofit arm to fulfill its mission.

Source: Wall Street Journey