US EditionElon Musk says OpenAI was his idea, before executives looted it
Musk says OpenAI abandoned its nonprofit mission and seeks $150 billion in damages that would go to the charity, lawyers said.
- 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.
76 Articles
76 Articles
Musk warns against 'Terminator outcome' in OpenAI testimony
X owner and Tesla CEO Elon Musk took the stand to testify against OpenAI CEO Sam Altman on Tuesday in his lawsuit against the ChatGPT parent company. Musk, who helped co-found OpenAI with Altman and a group of tech industry leaders, is suing his former business partner and company, arguing that OpenAI has deviated from the humanitarian mission it was initially founded on. Musk has taken issue with the fact that Altman transitioned OpenAI away fr…
Elon Musk alleges OpenAI abandoned charity roots in US trial case
Elon Musk took the stand Tuesday in a closely watched U.S. trial over the future of OpenAI, framing his lawsuit as a fight to protect charitable principles in artificial intelligence. The case pits Musk against OpenAI leadership, including CEO Sam Altman and President Greg Brockman, over whether the organization abandoned its original nonprofit mission. Musk claims OpenAI shifted from a public-interest model to a profit-driven structure, undermi…
American justice must rule on three issues raised by Musk's complaint: Has OpenAI violated its original philanthropic mission? Is it unjustly enriched? Do its links with Microsoft violate competition law?
More quickly than expected — especially unusual when it comes to legal proceedings — the trial facing two of the internet kings, Elon Musk and Sam Altman, is moving forward unchecked. On Monday the jury selection took place and on Tuesday, the first official day of the case in the Oakland courts, the opening speeches were expected from both sides. But the matter is going so fast that it has already come out to testify to the stand one of the mos…
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