Radio Shoma

Rhythm Of Your Heart
Vaay Dele Man
Hamid Askari & Amin Rostami

Listen To Radio Shoma 93.4

Elon Musk to proceed with lawsuit against OpenAI

Tuesday, 6 May 2025 10:18

By Reuters

AFP

Elon Musk plans to proceed with his highly-watched lawsuit against OpenAI, his lawyer Marc Toberoff said, hours after the AI startup dialed back its earlier plan to remove control by its non-profit arm.

OpenAI announced it will keep its nonprofit parent in control, a significant shift that reduces CEO Sam Altman’s influence and maintains the original governance structure. Under the revised proposal, the nonprofit will retain authority over the for-profit entity and hold a major ownership stake.

The move follows mounting criticism and legal scrutiny, including Musk’s lawsuit, which accuses OpenAI of abandoning its mission to develop AI for the benefit of humanity.

Musk, a co-founder of OpenAI, is seeking to block the transition away from nonprofit oversight.

A jury trial is currently scheduled for March 2026.

More from Business

Dubai retains top global spot for FDI in creative industries

For the third year in a row, Dubai has been ranked as the top global destination for attracting Greenfield FDI projects in cultural and creative industries, as per the Financial Times’ ‘fDi Markets’ report, covering 233 cities.
Dubai Holding announces IPO for Dubai Residential REIT

Dubai Holding is preparing an initial public offering (IPO) of its residential real-estate investment trust (REIT) on the Dubai Financial Market (DFM).
'Dubai chocolate' accounts for 4% of Dubai Duty Free's April revenue

Dubai’s viral pistachio-filled chocolate bars are driving up revenue at Dubai Duty Free, accounting for 4 per cent of the total business in April.
ADNOC Gas announces Q1 net income of $1.27 billion

ADNOC Gas plc and its subsidiaries has announced net income of $1.27 billion and EBITDA of $2.16 billion for the first quarter of 2025, exceeding the equivalent quarter in 2024 by 7 per cent and 4 per cent respectively.
Dubai's RTA collects AED 4.4 billion in digital revenue in 2024

Dubai's Roads and Transport Authority (RTA) has collected AED 4.42 billion in digital revenue in 2024, marking a 16 per cent growth compared to the previous year.

News

UAE hails ICJ ruling as clear rejection of Sudan’s allegations
The UAE has welcomed a decision by the International Court of Justice (ICJ) to dismiss a case filed by the Sudanese Armed Forces (SAF), citing a clear lack of jurisdiction.
Sharjah approves 'Care Leave' to support female government staff
Sharjah has approved a new leave policy for female government staff to help them care for their newborns.
UAE President meets Turkish Foreign Minister in Abu Dhabi
President His Highness Sheikh Mohamed bin Zayed Al Nahyan held talks with Turkish foreign minister Hakan Fidan to explore ways to further enhance bilateral ties.