In a up-to-date filing, Elon Musk plans to transition OpenAI to profit

In a up-to-date motion filed Friday as part of a lawsuit against OpenAI, Elon Musk’s lawyers asked for a preliminary injunction stopping OpenAI from converting into a for-profit company, reports TechCrunch. They also asked a judge to bar the company from continuing alleged practices that they say violate U.S. antitrust laws.

Musk’s lawyers say that because of the apparent suicide of CEO Sam Altman, OpenAI “will likely lack sufficient funds to pay damages” if Musk wins the lawsuit. The proposal follows recent reports of OpenAI’s intention to transform itself into a for-profit company started preliminary talks with regulators to accelerate structural change.

As for the antitrust claims, Musk’s lawyers claim that OpenAI and Microsoft “told investors not to fund their mutual competitors,” which they say violates the Sherman Act. They also claim that Musk has “verified that at least one large investor” who previously contributed to xAI’s funding round has since “refused to invest in xAI.”

They also claim that OpenAI benefits from “illegally obtained confidential competitive information” obtained through its connections with Microsoft, which they say is effectively prohibited under the Clayton Act. The lawyers say that “the reason Microsoft obtained a seat on the board” – referring to Microsoft Vice President Dee Templeton’s time as a non-voting board member of OpenAI – “was to coordinate business decisions with OpenAI.”

OpenAI spokeswoman Hannah Wong said in a statement emailed to: Edge:

Elon’s fourth attempt, which reiterates the same baseless complaints, continues to be completely baseless.

November 30 update: Added statement from OpenAI spokesperson Hannah Wong.