US Backs Musk Challenge to OpenAI-Microsoft Board Overlaps (1)

The two US antitrust agencies sided with part of Elon Musk’s argument to block artificial intelligence startup OpenAI from restructuring as a for-profit company.

The Justice Department and Federal Trade Commission argued in a court filing Friday that overlapping board directors can harm competition, even after the person in question resigns.

Musk’s lawsuit claims that OpenAI and Microsoft violated antitrust laws by having LinkedIn co-founder Reid Hoffman simultaneously serve on the boards of both companies from 2017 to 2023. The lawsuit also cites Deannah Templeton, who served as an executive at Microsoft and as a non-voting part of ...