By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: Tech Rivals Join Forces to Challenge OpenAI’s For-profit Plans
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
AI

Tech Rivals Join Forces to Challenge OpenAI’s For-profit Plans

Nicole Kristine Jovero
Last updated: December 20, 2024 1:08 am
Nicole Kristine Jovero
Share
1 Min Read
SHARE
  • Tech titans unite against common rival
  • Zuckerberg backs Musk’s OpenAI challenge
  • Both fight to prevent nonprofit-to-profit switch

Contents
Strange BedfellowsMoney TalksLegal Battle Brewing

Strange Bedfellows

Meta CEO Mark Zuckerberg makes an unexpected alliance by backing Elon Musk’s position on OpenAI.

The social media mogul’s company urges California officials to block OpenAI’s transition from nonprofit to for-profit status.

Money Talks

OpenAI stands at a crossroads facing a $157 billion valuation and a fresh $6.6 billion funding round. The catch? Investors demand the company turn for-profit within two years.

Meanwhile, Meta pledges $37 billion for AI infrastructure this year.

Legal Battle Brewing

Meta claims OpenAI unfairly leverages its nonprofit status for private gain.

The argument echoes Musk’s ongoing lawsuit, which alleges OpenAI and Microsoft aim to create a “for-profit monopoly.” OpenAI fights back by revealing Musk’s early support for a for-profit model.

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article Leadership Shakeup Rocks eFishery’s Aquaculture Empire
Next Article Digital Bank Tyme Rockets to $1.5B Valuation in Breakthrough Funding Round

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

AISocial Media

YouTube Cracks Down on Disturbing AI Content Involving Deceased Children

February 17, 2024
StartupsVC

Daryl Lim Interviewed This Intudo Venture’s Principal For His Startup Wednesday

April 2, 2024
FAANG

From Teaching Assistant to Tech Titan: Andrew Bosworth’s Meta Journey

July 31, 2024
e-Commerce

Beauty Startup News: Why It’s A Huge Deal That Parlon Just Raised Over $400K Pre-seed

February 12, 2024
e-Commerce

Rainforest Soars to Profitability in 2023 with 46% Revenue Surge

September 11, 2024
StrategyVC

Jesse Pujji Reveals the Secret of High Power Metric

February 12, 2024
Culture

Fans Go Cuckoo for Gold at Prime’s Willy Wonka Pop-Up

February 12, 2024
FintechGaming

VNG Withdraws US IPO Plan, Ending Listing Speculations

February 12, 2024
AIVC

Antler Funds Vertical AI Startups Across Southeast Asia

February 28, 2024
Deep Tech

Vietnam Emerges as Key Semiconductor Hub Amid China Diversification Push

November 19, 2024
Crypto & Web3

Bitcoin Breaks $69,000 as Halving and ETF Approvals Drive Rally

March 8, 2024
AI

Decoding Anthropic’s Claude: The AI Powerhouse

October 24, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?