Billionaire tech CEO Elon Musk has initiated legal action to block artificial intelligence developer OpenAI's efforts to convert into a for-profit company, seeking intervention from a federal judge. Musk previously served on OpenAI's board until 2018, co-founded the company alongside CEO Sam Altman and nine others, and has reportedly invested $44 million into OpenAI.

Yahoo Finance legal reporter Alexis Keenan examines the details of this high-stakes legal battle.

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This post was written by Angel Smith