Source: Wind

According to CCTV.com, on November 29, Eastern Time, Elon Musk requested a federal court in the USA to prevent Open AI from turning into a fully for-profit enterprise, and submitted a preliminary injunction to the court. Industry forecasts predict that by 2029, Open AI will have an annual revenue of 100 billion dollars.

Musk pushes to prevent Open AI from becoming for-profit.

Musk claims that when supporting the founding of Open AI, he reached an agreement with the co-founders to demand that it maintain a non-profit nature, but Open AI has violated the original intention by pursuing profits. Musk's lawyer accused Open AI of depriving xAI of capital, forcing investors to commit not to fund xAI and its competitors, which constitutes a "joint boycott" and hinders xAI from obtaining necessary investment capital, detrimental to fair competition in the market.

Musk believes$Microsoft (MSFT.US)$that Open AI consolidates market dominance by restricting investment means while attempting to monopolize the generative ai market, using competitively sensitive information shared during the early development of generative ai.

Musk has also expressed concerns about Open AI's use in the military industry, pointing out that the company deleted clauses prohibiting the use of ai technology for military development and has begun cooperating with the usa Department of Defense, believing this move could bring great risks.

If the court supports Musk's injunction, Open AI's transformation plan will be hindered, which could change the competitive landscape of the ai industry and provide more development opportunities for other competitors like Musk's xAI.

Open AI faces significant impact.

If the plan to transform into a for-profit company is hindered, Open AI may face limitations in financing channels and funding scale, subsequently affecting its investment in technology research and development, such as chip research and development, datacenter construction, etc., leading to a slowdown in the pace of technological innovation. This incident may also affect investors' confidence in Open AI and related companies like microsoft, especially in the technology sector, where investors may have doubts about the future development and profitability of these companies.

An Open AI spokesperson responded that Musk's application is "repetitive and still without basis." Previously, Open AI also attempted to dismiss Musk's lawsuit, stating it is bluffing and baseless.

As a leading player in the current ai space, Open AI's future profit prospects are very promising. Reports from foreign media and the Open AI chief financial officer indicate that Open AI expects its revenue to reach 3.7 billion USD in 2024, with ChatGPT revenue projected at 3 billion USD and API generating 1 billion USD in earnings.

In 2025: revenue is expected to rise to 11.6 billion USD; certain institutions have longer-term forecasts showing that Open AI's revenue could reach 100 billion USD by 2029, at which point it will achieve profitability, with ChatGPT generating 55 billion USD in revenue, API producing 22 billion USD, and revenue from other products also reaching 24 billion USD.

Musk's ai strategy is approaching perfection.

If Open AI cannot transition to a profitable institution, or if Open AI faces setbacks in financing and development due to this issue, Musk could become the biggest beneficiary of this event since he has already made significant investments in the ai field.

Musk's main entity involved with ai is xAI, established on July 12, 2023, led by Musk, with team members mostly being professionals from the ai field, including 11 individuals who have previously worked at well-known companies such as Open AI, Google Research, microsoft Research, and DeepMind.

xAI will use publicly available text data from Twitter to train its AI models, and collaborate with$Tesla (TSLA.US)$to cooperate in the areas of chips and ai software, jointly promoting technological development. Additionally, xAI plans to build supercomputers to meet its immense computational demands, with the plan for these supercomputers to be operational by the fall of 2025, with a scale at least four times that of today's largest GPU cluster.

In collaboration with Tesla and X (Twitter) towards coordinated development, Tesla and xAI cooperate in areas such as chips and ai software to jointly explore applications of ai technology in the autos field, accelerating the improvement of autonomous driving levels, while also providing practical scenarios and data support for xAI's technical development; Twitter possesses vast user data, providing rich material for ai training. After Musk acquired Twitter, external access to Twitter data was restricted, using it as an important data source for xAI's training models, which helps enhance the model's performance and results.

Editor/Rocky