Elon Musk says OpenAI was his idea, before executives looted it
Musk says OpenAI’s leaders turned a charity into a profit-seeking business and seeks $150 billion in damages and nonprofit restoration.
- On Tuesday, Elon Musk testified in federal court against OpenAI, accusing CEO Sam Altman and President Greg Brockman of betraying the nonprofit mission by creating a for-profit entity, seeking $134 billion in damages and executive removals.
- Musk co-founded OpenAI as a nonprofit research lab in 2015, investing at least $38 million before leaving in 2018; the company created a for-profit subsidiary in 2019 to secure computing power and capital.
- Defending OpenAI, lead attorney William Savitt argued the lawsuit stems from competitive spite, stating, "We're here because Mr. Musk didn't get his way at OpenAI," and claiming Musk sought control and a Tesla merger.
- Judge Yvonne Gonzalez Rogers will decide by late May whether OpenAI must revert to nonprofit status, remove Altman and Brockman from leadership, or pay around $130 billion in damages to the nonprofit foundation.
- A verdict for Musk could force OpenAI to unwind its for-profit conversion, threatening a planned IPO and compelling Microsoft and other investors to reassess regulatory risks across the rapidly expanding AI sector.
213 Articles
213 Articles
Key takeaways from Musk’s testimony at OpenAI trial
Elon Musk testified for more than seven hours over three days this week at a trial in Oakland, California, over the future of OpenAI, casting his lawsuit against the owner of ChatGPT as a defense of the institution of charitable giving.
Why are Elon Musk and Sam Altman clashing in court?
It might be the ultimate clash of tech giants: Elon Musk and Sam Altman have been in court this week, battling over the origins of OpenAI and its pivot from a nonprofit company to a for-profit business.The “deeply personal” civil trial has featured “two very different tales” of OpenAI’s founding, said The New York Times. Musk helped start the company as a nonprofit and contends it was “ripped from its promise of altruism” by Altman’s greed. It i…
Malay Mail
AlKhaleej TodayMusk grilled on AI profits at OpenAI trial as judge probes for-profit shift claims
OAKLAND, May 1 — Elon Musk sparred with lawyers for a third day yesterday at his California trial against OpenAI, struggling to explain why his own for-profit AI empire differs from the one he is trying to take down.“Few answers are going to be complete, especially when you cut me off all the time,” the visibly irritated multibillionaire said as he resumed his duel Thursday morning with the defense attorney for OpenAI.Federal Judge Yvonne Gonzal…
Musk’s Explosive Court Testimony Sparks Fall Of OpenAI’s Corporate Titan
Elon Musk’s legal battle with OpenAI has escalated into a high-stakes courtroom showdown, with crucial implications for the future of artificial intelligence. As the proceedings in the U.S. District Court in Oakland come to a close, Musk has raised serious accusations against his former collaborators, Sam Altman and Greg Brockman. At stake is the claim that these leaders have abandoned the nonprofit ethos that Musk originally supported, shifting…
Musk casts himself as AI's guardrail
OpenAI puts Musk's motives on trial.
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