Tesla's (TSLA, Financials) CEO Elon Musk has amended his lawsuit against OpenAI, adding Microsoft (MSFT, Financials), LinkedIn co-founder Reid Hoffman, and Microsoft executive Dee Templeton as defendants.
The case also included LinkedIn co-founder Reid Hoffman and Dee Templeton, a present Microsoft executive who once employed OpenAI.
Northern California's U.S. district court received the updated lawsuit on Nov. 14. According to the complaint, Musk has charged OpenAI and Microsoft of aiming to "monopolize the generative AI market." Along with former OpenAI board member Shivon Zilis, Musk's business xAI was included as a plaintiff in the complaint.
Earlier this year, Musk initially sued OpenAI — which he co-founded in December 2015 together with Sam Altman, Ilya Sutskever, and Greg Brockman — for allegedly placing "profit over humanity." After abandoning the lawsuit on grounds it "lacked teeth," as said by Musk's attorney Marc Toberoff, the suit re-opened in August
Including joining the most recent $6.6 billion fundraising round valued at $157 billion, Microsoft has spent around $14 billion into OpenAI. Musk's xAI is also working on funding that would value the business at $50 billion or more.
MSFT stock is down 2.9% in Friday's early morning trading, changing hands for $414.53. Tesla stock, meanwhile, is on the rise; it's up 3%, trading for $320.56.
