A federal judge set a trial in Elon Musk’s challenge in March for Sam Altman’s plans to review Openai’s business structure, which paved the way for a collision between the two billionaires. US district judge Yvonne Gonzalez Rogers in Oakland, California, posted the trial on her calendar for March 16 during a hearing Friday after he previously brought it to the Fast detection, rather than letting it stay until 2027. Gonzalez Rogers rejected the request of Musk last month to wait for the transformation of a non-profit benefits. But she asked a quick trial about the ‘core’ claim from Musk’s 2024 case that Openai’s restructuring plan is illegal. If you have a fixed hearing date, it may affect the decisions made by Openai’s board of directors on choosing a strategy to switch to a profitable business model. It is also possible that the hearing will begin after Openai has completed this shift: the startup is already in discussion with Delaware and California officials about its restructuring plans, and the size of its latest financing round is partly dependent on completing his restructuring process by the end of 2025. In the support of Microsoft Corp. Start in 2019, the year after leaving the board of Openai. The richest person in the world launched his own boot of artificial intelligence in 2023, and at the end of March, Xai acquired the X -Social Media platform, which he also controls, which also controls the new combined entity, called Xai Holdings, a value of more than $ 100 billion, reports Bloomberg News. Openai denied Musk’s legal claims and argued that his real agenda was fighting in court to promote Xai. It asked the judge to reject the case of Musk as an attempt to “undermine a successful participant” after he “was unable to use control over Openai. Openai said earlier this week that it completed a $ 40 billion financing round led by Softbank Group Corp. However, if Openai did not complete its restructuring by the end of 2025, SoftBank could reduce the amount of financing it contributes to the round, from $ 30 billion to $ 20 billion, as Bloomberg reports, while Openai would have the option to find other investors. The case is Musk v. Altman, 4: 24-CV-04722, US District Court, Northern District of California. © 2025 Bloomberg MP This article was generated from an automatic news agency feed without edits to text.
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