In response to Elon Musk's allegations in a federal racketeering lawsuit, Sam Altman refuted claims that OpenAI forces investors to refrain from investing in competing AI companies. In a sworn statement, Altman clarified that while there are restrictions related to maintaining access to confidential OpenAI data, these do not equate to an outright ban on investing in competitors. He stated that such measures are standard practice in the industry to safeguard sensitive information, thereby challenging the basis of Musk's legal argument against OpenAI.
"I did not tell any investor in the October 2024 funding round that their ability to invest in OpenAI was subject to that condition, nor to my knowledge did anyone else at OpenAI."
"That restriction is necessary to protect against the misuse of OpenAI's competitively-sensitive information, and I understand it is industry standard for that."
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