Elon Musk to keep lawsuit against OpenAI despite nonprofit control statement, lawyer says

Under OpenAI's newly proposed plan, its non-profit parent would continue to control the for-profit business and become a major shareholder. Elon Musk, a cofounder of OpenAI, has filed a lawsuit that seeks to block OpenAI's transition away from non...

Bloomberg
Elon Musk plans to proceed with his highly-watched lawsuit against OpenAI, his lawyer Marc Toberoff said on Monday, hours after the AI startup dialed back its earlier plan to remove control by its non-profit arm.

Under OpenAI's newly proposed plan, its non-profit parent would continue to control the for-profit business and become a major shareholder.

Musk, a cofounder of OpenAI, has filed a lawsuit that seeks to block OpenAI's transition away from nonprofit control, among other claims. A jury trial had been scheduled for March 2026.

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › AI › Elon Musk to keep lawsuit against OpenAI despite nonprofit control statement, lawyer says
Text Size:AAA
Success
This article has been saved

*

+