Musk claims FTC’s Microsoft concerns validate OpenAI allegations, Bloomberg says

Elon Musk argued in a court filing that the U.S. FTC’s concerns about Microsoft’s (MSFT) $13B investment in OpenAI support his claims that the partnership between the tech giant and the startup is anticompetitive, Bloomberg’s Malathi Nayak reports. Musk urged a California federal judge to approve his request for an order preventing OpenAI from transitioning from a nonprofit to a for-profit entity, citing the FTC’s January 17 report, which suggests that Microsoft is positioning itself to dominate the cloud computing sector in the rapidly expanding AI market.