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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
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1 Min Read
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  • 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.

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