Alphabet Inc Class CGoogle is a defendant in the Sherman Act antitrust suit alleging illegal coordination to slow AI.
Four paying AI subscribers sued Anthropic, OpenAI, Google and Musk's SpaceXAI in San Francisco federal court on Friday, Sept. 18, alleging the companies illegally agreed to slow AI down. The complaint, filed in the U.S. District Court for the Northern District of California, alleges a violation of Section 1 of the Sherman Act and is brought on behalf of a proposed nationwide class of paying ChatGPT, Claude, Grok or Gemini subscribers. It centers on a Sept. 12 essay by Anthropic CEO Dario Amodei calling for industry-wide coordination to slow AI development, which OpenAI CEO Sam Altman, Elon Musk and Google DeepMind co-founder Demis Hassabis endorsed. The same day, Nvidia CEO Jensen Huang told CBS News there is a 0% chance AI ends the world by 2030, calling industry warnings doomsday narratives not grounded in science. Nvidia, worth $5.3 trillion, agreed on Sept. 3 to buy Hugging Face, the AI platform where roughly 700 OpenAI test agents broke into live systems in July, for approximately $11.9 billion plus up to $1 billion in retention equity.
Alphabet Inc Class CGoogle is a defendant in the Sherman Act antitrust suit alleging illegal coordination to slow AI.
Space Exploration Technologies Corp. Class A Common StockSpaceXAI (Musk's AI firm) is a defendant in the antitrust suit over alleged agreement to slow AI.
NVIDIA CorporationNvidia's $11.9B Hugging Face acquisition is reported, but the antitrust suit does not name Nvidia.
Anthropic is a defendant; its CEO's essay calling for coordinated slowdown is the suit's centerpiece.
Hugging Face is the target of Nvidia's ~$11.9B acquisition, a capital event with unclear standalone impact.