Jim Cramer, a market commentator and CNBC personality, recently highlighted the significant risks posed by Elon Musk’s lawsuit against OpenAI for the AI company, particularly regarding a potential public listing. Cramer emphasized that the lawsuit is a serious concern for OpenAI and suggests the company might need to secure large private funding before the trial starts on April 27. Musk claims that OpenAI strayed from its founding nonprofit mission while forming financial ties with Microsoft, which is also named in the lawsuit. Musk, a co-founder of OpenAI in 2015, has since exited the organization and started xAI, a competing AI venture. Prediction markets indicate a 57% chance of Musk winning the lawsuit, reflecting trader sentiment. This legal battle not only affects OpenAI’s financial future but could reshape the competitive landscape in artificial intelligence. Investors should closely monitor developments in the case given its potential ramifications.
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Jim Cramer: Elon Musk’s OpenAI Lawsuit Is ‘No Joke’ as Kalshi Bettors Boost Odds of xAI CEO’s Victory
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