this post was submitted on 14 Dec 2024
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Meta asks the US government to block OpenAI’s switch to a for-profit (www.theverge.com)
submitted 4 days ago by MCasq_qsaCJ_234@lemmy.zip to c/technology@lemmy.world
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Meta is asking California Attorney General Rob Bonta to block OpenAI’s planned transition from a non-profit to for-profit entity.

In a letter sent to Bonta’s office this week, Meta says that OpenAI “should not be allowed to flout the law by taking and reappropriating assets it built as a charity and using them for potentially enormous private gains.”

The letter, which was first reported on by The Wall Street Journal and you can read in full below, goes so far as to say that Meta believes Elon Musk is “qualified and well positioned to represent the interests of Californians in this matter.” Meta supporting Musk’s fight against OpenAI is notable given that Musk and Mark Zuckerberg were talking about literally fighting in a cage match just last year.

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[–] Blue_Morpho@lemmy.world 5 points 2 days ago* (last edited 2 days ago)

They always planned to be for profit. It wasn't a taste of MS money, it was the plan to sell out from the beginning. Musk got mad because they didn't sell out to him for pennies.

"OpenAI wrote in the blog that the company and Musk both agreed that a for-profit was the next step for the startup in the fall of 2017. But when Musk failed to win majority equity, OpenAI accused him of walking away and saying the company would "fail." "

https://finance.yahoo.com/news/openai-publishes-more-elon-musks-004549026.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAABRINM4BbU2net5_AGrEJMONXSl3cnYa2geFWsFyz_5Gbs6vyn8uNrnb6NXn5jmLViXMbro8ns8iS6LlgDuWaazRNEM1AQRia29Gl8ZN-s8elRtWmgdjol4ybPUge96HpsxrNWRBi2JJNkc-xnFJdbo_rCff2MVQ5q8DPJtICSIo