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OpenAI, Google, Anthropic hit with lawsuit to halt AI development
Economic Times Markets
Published 14 Nov 2026, 02:44 am IST
The nonprofits, which focus on tech accountability and include the Irreplaceable Education Fund, Public Citizen and Heat Initiative, sued in San Francisco, saying California's laws against unfair business practices provide the grounds for a court order barring the companies from further development of products like ChatGPT, Gemini and Claude. The lawsuit cites comments from company leaders, like Dario Amodei, chief executive of Anthropic, and Elon Musk, SpaceX's chief executive, about AI's potential to cause the destruction of civilisation.
Anthropic IPO Oversubscribed 6x
Anthropic PBC's IPO has drawn about six times the orders for the shares available, according sources. The Claude AI model firm and its co-founders are seeking to raise $64.4 billion in the IPO and $26 billion in a private placement.Originally reported by Economic Times Markets.Source: economictimes.indiatimes.com
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