CONNECT WITH US
AI & Deeptech

AI & Deeptech

OpenAI says SEC disclosures undermine xAI's antitrust lawsuit

IndiaTimes (ET) - AI logo

Published on

Add as a preferred source on Google
OpenAI says SEC disclosures undermine xAI's antitrust lawsuit

Business News Tech AI OpenAI says SEC disclosures undermine xAI's antitrust lawsuit

ChatGPT maker OpenAI asked a Texas federal judge to throw out an antitrust lawsuit brought by Elon Musk's AI startup xAI before trial, arguing that

ChatGPT maker OpenAI asked a Texas federal judge to throw out an antitrust lawsuit brought by Elon Musk's AI startup xAI before trial, arguing that disclosures by xAI parent company SpaceX undermine claims that Apple's partnership with OpenAI shut out rivals. Here are the details: * OpenAI on Tuesday asked US District Judge Mark Pittman in Fort Worth to rule for OpenAI based on the facts so far in the case, which is now set for a trial in January.

* Musk's companies sued Apple and OpenAI last year, alleging Apple violated antitrust law by exclusively integrating ​ChatGPT into Apple Intelligence features on iPhones and other Apple ​devices. * Apple and OpenAI have denied any wrongdoing. Apple previously said ⁠its integration deal with OpenAI was not exclusive. X said last week it has settled with Apple, but the terms have not been disclosed. * OpenAI's new court filing argued that deposition testimony and other evidence bolstered its defense, including recent securities disclosures from Musk's SpaceX, which began publicly trading in June. * SpaceX's initial public offering registration statement, OpenAI said, is "replete with disclosures diametrically opposed" to xAI's claims of competitive harm alleged in its lawsuit. The registration "bears no resemblance to the doomsaying in this litigation," it said. * OpenAI denied it wields monopoly power, a necessary element to prove antitrust violations.


Source link
Related Topics:AI & Deeptech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.