Musk's OpenAI Legal Battle Gains FTC Support

Elon Musk's legal battle against OpenAI, now involving Microsoft, has gained partial support from the FTC and DOJ, who align with Musk's claim that overlapping board memberships could stifle competition. Musk alleges that Reid Hoffman's and Deannah Templeton's dual roles in both companies violated antitrust laws, but OpenAI argues these claims are moot as both individuals no longer hold overlapping roles. Musk has also requested California and Delaware attorneys-general to mandate an auction of OpenAI's stake to ensure fair valuation during its transition to a for-profit entity. OpenAI, backed by Microsoft, plans to restructure as a public benefit corporation, a move Musk opposes, citing it as a departure from the company's original non-profit mission. The FTC has been investigating OpenAI's partnerships and potential consumer protection law violations, adding weight to Musk's legal challenge.