{"id":19583,"date":"2024-12-16T17:23:42","date_gmt":"2024-12-16T15:23:42","guid":{"rendered":"https:\/\/forklog.com\/en\/meta-opposes-openais-shift-to-commercial-entity\/"},"modified":"2024-12-16T17:23:42","modified_gmt":"2024-12-16T15:23:42","slug":"meta-opposes-openais-shift-to-commercial-entity","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/meta-opposes-openais-shift-to-commercial-entity\/","title":{"rendered":"Meta Opposes OpenAI’s Shift to Commercial Entity"},"content":{"rendered":"

Following Elon Musk’s lead, Meta has urged California’s Attorney General Rob Bonta to block OpenAI’s transformation into a commercial entity. This was reported by The Wall Street Journal<\/a>, citing a letter.<\/p>\n

Mark Zuckerberg’s firm argues that allowing the ChatGPT developer to restructure as a business entity would set a precedent enabling startups to exploit the benefits of non-profit status until they become profitable.<\/p>\n

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“OpenAI’s actions could have seismic consequences for Silicon Valley. If OpenAI’s new business model proves successful, non-profit investors will gain the same advantages as those investing in commercial companies in the usual way, while also benefiting from tax write-offs provided by the government,” Meta emphasized.<\/p>\n<\/blockquote>\n

Earlier, Musk called on a federal court to halt OpenAI’s transition to a fully commercial business. Prior to this, he filed a lawsuit<\/a> against Sam Altman’s startup, accusing it of breaching the company’s founding agreement by prioritizing commercial interests over public good.<\/p>\n

On December 13, OpenAI responded to Musk’s accusations by publishing<\/a> a series of emails and texts. According to the documents, the billionaire himself proposed in 2015 that OpenAI register as a non-profit with a commercial component.<\/p>\n

Later, the company faced financial difficulties. In 2017, Musk suggested that OpenAI merge with another startup. Several executives agreed. At that time, the entrepreneur demanded a controlling stake\u2014between 50% and 60%. He also proposed an organizational structure where he would “unequivocally have initial control over the company” and become CEO.<\/p>\n

The management rejected the idea, after which Musk proposed merging OpenAI with Tesla. This initiative was also declined.<\/p>\n

In 2018, he left OpenAI, after which the startup several times offered the entrepreneur a stake in the commercial part of the company. The billionaire always refused.<\/p>\n

In October 2024, OpenAI raised $6.6 billion at a valuation of $157 billion. During negotiations with investors, the ChatGPT developer discouraged them from supporting competing firms like Anthropic or xAI.<\/p>\n","protected":false},"excerpt":{"rendered":"

Following Elon Musk’s lead, Meta has urged California’s Attorney General Rob Bonta to block OpenAI’s transformation into a commercial entity. This was reported by The Wall Street Journal, citing a letter. Mark Zuckerberg’s firm argues that allowing the ChatGPT developer to restructure as a business entity would set a precedent enabling startups to exploit the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[438,1201,1217,1293,1190],"class_list":["post-19583","post","type-post","status-publish","format-standard","hentry","category-news-and-analysis","tag-artificial-intelligence","tag-chatbots","tag-elon-musk","tag-meta","tag-openai"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=19583"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19583\/revisions"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}