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Meta Asks the US Government To Block OpenAI's Switch To a For-Profit

Saturday December 14, 2024. 03:38 AM , from Slashdot
Meta Asks the US Government To Block OpenAI's Switch To a For-Profit
Meta is asking California Attorney General Rob Bonta to block OpenAI's planned transition from a non-profit to for-profit entity. From a report: 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 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.

Read more of this story at Slashdot.
https://tech.slashdot.org/story/24/12/14/0238223/meta-asks-the-us-government-to-block-openais-switch...

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