Elon Musk Accused of Making up Math to Squeeze $134B From OpenAI, Microsoft
Elon Musk seeks $134 billion in damages, claiming OpenAI broke its non-profit promises after he provided 60% of early funding, with trial set for late April.
- On Thursday, US District Judge Yvonne Gonzalez Rogers ruled the case should go to trial based on recently unsealed documents, with a jury trial set for April 27 in Northern California federal court.
- In 2015, OpenAI was founded as a non-profit aimed at developing AGI for humanity, but growing tensions led to Sam Altman’s 2023 ouster and reinstatement, and by 2025 it shifted to a for-profit public benefit corporation.
- More than 100 documents unsealed last week include Greg Brockman, OpenAI president’s diary entries saying `It all comes down to the money`, plus internal emails showing Microsoft preferred over Bezos and Satya Nadella’s early AI concerns.
- A jury will be asked to determine if OpenAI breached non-profit duties and if Microsoft knowingly aided the shift, while Elon Musk seeks $134 billion in damages for his $38 million seed funding.
- OpenAI counters that Elon Musk sought $80B, majority equity, and AGI control by his children, while Musk uses X to accuse OpenAI of `stolen a charity` and fraud, raising broader AI governance stakes.
24 Articles
24 Articles
In the trial between Elon Musk and OpenAI, the billionaire relied on the calculations of a financial economy expert to claim up to 134 billion damages.
Elon Musk vs OpenAI: Inside the court showdown over company’s for-profit shift
Elon Musk is taking OpenAI, the company he helped found, to court, accusing it of betraying its original non-profit promise and turning into a profit-making machine. But what is a courtroom drama without twists and turns. Here is everything that has happened so far.
Elon Musk vs OpenAI: What newly unsealed court docs reveal and what they don’t
Elon Musk vs OpenAI | Sam Altman OpenAI Case: Obtained during the legal discovery process, the unsealed court records include depositions from key players involved in the case such as Sam Altman, Greg Brockman, Ilya Sutskever, Mira Murati, and Satya Nadella.
Elon Musk's New Lawsuit Claims OpenAI Is Sitting on Illegal Profits
Despite being the former co-founder of OpenAI, it is no secret that Elon Musk is not a fan of the company. Nor that of its current CEO, Sam Altman. So much so that in the latest filing, Elon Musk is seeking a payout from OpenAI worth $79 billion to $134 billion over alleged “wrongful gains.” Elon Musk seeks payout from OpenAI Elon Musk is accusing the AI company of having abandoned its non-profit status. It is also why he believes he is owed bil…
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