Connect with us

Hi, what are you looking for?

Prime Webinar GroupPrime Webinar Group

Tech News

Meta asks the US government to block OpenAI’s switch to a for-profit

Graphic collage of Mark Zuckerberg.
Mark Zuckerberg. | Image: Cath Virginia / The Verge; Getty Images

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.

OpenAI started as a non-profit but stumbled into commercial success with ChatGPT, which now makes billions of dollars a year in revenue. CEO Sam Altman has been clear that the company needs to shed its non-profit status to become more attractive to investors and continuing funding its ambitions. The stakes are so high that OpenAI will have to return the billions of dollars it raised this year (with interest) if it can’t successfully…

Read the full story at The Verge.

You May Also Like

Politics

President-elect Trump’s 17-year-old granddaughter shared a vlog of her experience on election night on Monday, capturing her thoughts and emotions as her grandfather clinched...

Tech News

Image: Cath Virginia / The Verge, Getty Images In 2024, you couldn’t escape hearing about AI. From smartphones to wearables to the smart home,...

Tech News

The Teenage Engineering OP-XY feels like an upgraded version of the company’s six-year-old OP-Z. | Image: Teenage Engineering Teenage Engineering’s new OP-XY is a...

Editor's Pick

Eric Gomez and Benjamin Faber In October 2024, Congress received notification of two new arms sales for Taiwan, and the Ministry of National Defense...