Market Chatter: Microsoft-Backed Anthropic, OpenAI, SpaceXAI, Google Sued Over Alleged AI Development Deal

MT Newswires Live
5 hours ago

Microsoft-backed (MSFT) Anthropic, OpenAI, SpaceXAI and Alphabet's (GOOG, GOOGL) Google were sued in federal court over allegations that they illegally agreed to slow the pace of AI development, the Associated Press reported Sunday.

The lawsuit, filed Friday in the US District Court for the Northern District of California, was brought by four paid subscribers to ChatGPT, Claude, Grok and Gemini, the report said.

The plaintiffs allege the agreement could reduce the value of the companies' AI services, according to the Associated Press.

The companies did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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