In a recent legal showdown, Sam Altman has refuted allegations from Elon Musk that OpenAI imposes a ban on investors from supporting rival companies. In a sworn declaration submitted to a California court, Altman stated, 'That is false,' and clarified that investors were only informed they would lose access to OpenAI data should they choose to invest in competitors. Musk’s lawsuit accuses Altman of colluding with Microsoft to stifle competition, claiming such restrictions violate antitrust laws. Altman, however, maintained this practice is standard industry protocol to protect proprietary information. The case raises critical questions about competition in the AI sector as OpenAI continues its transition to a for-profit entity, potentially increasing its valuation to $340 billion. As legal proceedings unfold, both parties are preparing for a lengthy trial scheduled for late 2026.