Musk v. Altman: Satya Nadella Was Worried About Microsoft Being ‘the Next IBM’ in OpenAI Deal
Nadella testified about Microsoft emails and $13 billion in OpenAI funding as Musk argues the company helped shift OpenAI away from its nonprofit mission.
- On Monday, Microsoft CEO Satya Nadella testified in federal court in Oakland, California, defending his firm against Elon Musk's $134 billion lawsuit alleging Microsoft exerted improper control over OpenAI.
- Musk, an OpenAI co-founder, alleges the company betrayed its original nonprofit mission by prioritizing profit after receiving over $13 billion in Microsoft investments spanning 2019 to 2023.
- Microsoft's total investments of more than $13 billion fueled OpenAI's valuation to more than $850 billion, with planning documents revealing Microsoft targeted a $93 billion return on its initial capital.
- Evidence in the trial concludes Wednesday, with closing statements to the nine-member jury expected Thursday, before U.S. District Judge Yvonne Gonzalez Rogers determines final liability and remedies rulings.
- If Judge Gonzalez Rogers sides with Musk, OpenAI's potential initial public offering could be jeopardized, affecting its competitive position against Anthropic, Google, and China's DeepSeek in the global AI race.
29 Articles
29 Articles
Microsoft CEO Testifies in Oakland Trial, Defends Partnership with OpenAI
OAKLAND—Microsoft CEO Satya Nadella on Monday told a federal court that his company’s landmark partnership with OpenAI—a total of $13 billion invested in a series of intellectual property licensing agreements since 2019—has helped the embattled artificial intelligence lab further its nonprofit mission. “I’m very proud of the fact we took the risks when no one else was willing to sponsor this fledging lab that had an idea this particular technolo…
Satya Nadella Proud Of OpenAI Investment Amid Elon Musk's Lawsuit Against Sam Altman
Nadella told a jury that Microsoft's investment in the nonprofit arm, which now owns around a quarter of OpenAI Group PBC had helped create "one of the largest, most well-funded nonprofits in the world."
Satya Nadella claims that Microsoft took a risk by investing in OpenAI. The Oakland trial assesses whether his non-profit mission was betrayed.
4 ways Microsoft CEO Satya Nadella threw cold water on Elon Musk's case
Satya Nadella, the CEO of Microsoft, took the stand in Elon Musk's trial against Sam Altman and OpenAI.Manuel Orbegozo/ReutersThe Musk v. Altman trial began its third week with testimony by Microsoft CEO Satya Nadella.Nadella was called by Musk's lawyers — but he could end up helping OpenAI, Sam Altman, and Microsoft.Closing arguments in the Oakland, California, contest between two tech titans could come Thursday.On Monday, the Musk v. Altman tr…
Microsoft CEO Satya Nadella defends OpenAI’s for-profit status, shares past nerves over Altman ouster
Microsoft CEO Satya Nadella defended OpenAI's pivot to for-profit status and discussed his company's hopes for a juicy return on its investment during Monday testimony in Elon Musk's suit against the AI giant.
For the richest man in the world, Microsoft has helped the creators of ChatGPT betray their unprofitable vocation.
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