Musk takes tough measures! Open AI frozen by a conspiracy
According to Hong Kong's Wind Information, on November 29th, Eastern Time, Elon Musk requested a U.S. federal court to prevent Open AI from transforming into a fully profit-oriented enterprise and submitted a preliminary injunction to the court. Industry forecasts predict that by 2029, Open AI will have an annual revenue of $100 billion. Musk is pushing to stop Open AI from becoming profit-oriented, claiming that he reached an agreement with the co-founders when supporting the establishment of Open AI, requiring it to maintain a non-profit nature, but Open AI has violated its original intention by pursuing profits. Musk's lawyers accuse Open AI of depriving xAI of capital, forcing investors to commit not to fund xAI and its competitors, which constitutes a "joint boycott" that hinders xAI from obtaining necessary investment capital and is detrimental to fair competition in the market. Musk believes that Microsoft and Open AI are consolidating their market dominance by restricting investment means while using competitively sensitive information shared in the early stages of generative artificial intelligence development to attempt to monopolize the generative AI market. Musk also expressed concerns about Open AI's use in military applications, pointing out that the company removed clauses prohibiting the use of artificial intelligence technology for military development and has begun cooperating with the U.S. Department of Defense, believing this move could pose significant risks. If the court supports Musk's injunction, Open AI's transformation plans will be hindered, which could change the competitive landscape of the artificial intelligence industry and provide more development opportunities for other competitors like Musk's xAI
According to Hong Kong's Wind Information, on November 29th Eastern Time, Elon Musk requested a U.S. federal court to prevent Open AI from transforming into a fully profit-oriented enterprise and submitted a preliminary injunction to the court. Industry forecasts predict that Open AI will have an annual revenue of $100 billion by 2029.
Musk Pushes to Prevent Open AI from Becoming Profit-Oriented
Musk claims that he reached an agreement with the co-founders when supporting the establishment of Open AI, requiring it to maintain a non-profit nature, but Open AI has deviated from its original intention and pursued profit. Musk's lawyers accuse Open AI of depriving xAI of capital, forcing investors to commit not to fund xAI and its competitors, which constitutes a "joint boycott" that hinders xAI from obtaining necessary investment capital, detrimental to fair competition in the market. Musk believes that Microsoft and Open AI are consolidating their market dominance by restricting investment means while attempting to monopolize the generative artificial intelligence market using competitively sensitive information shared in the early stages of generative AI development. Musk also expressed concerns about Open AI's use in military applications, pointing out that the company removed clauses prohibiting the use of artificial intelligence technology for military development and began collaborating with the U.S. Department of Defense, believing this could pose significant risks.
If the court supports Musk's injunction, Open AI's transformation plans will be hindered, potentially altering the competitive landscape of the artificial intelligence industry and providing more development opportunities for other competitors like Musk's xAI.
Open AI Faces Significant Impact
If the plan to transform into a profit-oriented enterprise is hindered, Open AI may face limitations in financing channels and capital scale, which could affect its investment in technological research and development, such as chip development and data center construction, leading to a slowdown in technological innovation. This incident may also affect investor confidence in Open AI and related companies like Microsoft, especially in the tech sector, where investors may have doubts about these companies' future development and profitability.
An Open AI spokesperson responded that Musk's application is "repetitive and still baseless." Previously, Open AI also attempted to dismiss Musk's lawsuit, stating it was blusterous and unfounded.
As a leading player in the current artificial intelligence landscape, Open AI has a very promising future profitability outlook. In 2024, foreign media reports and Open AI's Chief Financial Officer revealed that Open AI expects its revenue to reach $3.7 billion, with ChatGPT's revenue reaching $3 billion and API generating $1 billion; by 2025, revenue is expected to rise to $11.6 billion; some institutions' longer-term forecasts show that Open AI's revenue will reach $100 billion by 2029, at which point it will finally achieve profitability, with ChatGPT contributing $55 billion in revenue, API generating $22 billion, and other products also reaching $24 billion in revenue
Musk's Artificial Intelligence Layout Approaches Perfection
If OpenAI cannot transition into a profitable organization, or if OpenAI faces setbacks in financing and development due to this issue, Musk could become the biggest beneficiary of this event, as he has already made deep investments in the field of artificial intelligence.
The main entity through which Musk is engaging with artificial intelligence is xAI, established on July 12, 2023, led by Musk, with team members primarily being professionals in the field of artificial intelligence, including 11 individuals who have previously worked at well-known companies such as OpenAI, Google Research, Microsoft Research, and DeepMind.
xAI will use publicly available text data from Twitter to train AI models and collaborate with Tesla on chips and AI software to jointly promote technological development. Additionally, xAI plans to build its own supercomputer to meet its enormous demand for computing power, which is expected to be operational by the fall of 2025 and will be at least four times the size of today's largest GPU clusters.
In terms of collaboration with Tesla and X (Twitter), Tesla and xAI are working together on chips and AI software to explore the application of AI technology in the automotive field, accelerating the improvement of autonomous driving levels, while also providing practical scenarios and data support for xAI's technological development; Twitter possesses a vast amount of user data, providing rich material for AI training. After Musk acquired Twitter, he restricted external access to Twitter data, making it an important data source for training xAI's models, which helps enhance the performance and capabilities of the models.
Source: wind