US EditionElon Musk vs OpenAI and Microsoft Case Heads to Jury Trial in April as Judge Allows Lawsuit — Here's All We Know
OpenAI cautions investors about Elon Musk's potentially exaggerated claims in a 2024 lawsuit involving early donations and intellectual property rights.
- U.S. District Judge Yvonne Gonzalez Rogers set the trial for April 27, 2026, in an Oakland courtroom after rejecting dismissal requests, while OpenAI warned investors Musk will make `deliberately outlandish, attention-grabbing claims`.
- Elon Musk sued OpenAI in August 2024, alleging it abandoned its nonprofit public-benefit mission and formed an `opaque web of for-profit OpenAI affiliates` tied to Microsoft Corp.
- The court's rulings let Musk's breach of charitable trust, fraud, and unjust enrichment claims against OpenAI Inc. proceed, while some Microsoft Corp. claims were dismissed, and traders now bet a 57% chance Musk wins, with over $30,000 in trading volume.
- OpenAI told investors it has `strong defenses and feel confident about our chances of winning the case`, calling Musk's suit baseless as Jim Cramer warned it risks a public listing.
- With a $500 billion valuation, OpenAI Inc. benefits from Microsoft Corp., which first invested in 2019 and became its largest stakeholder last year, while Elon Musk’s rival xAI intensifies competition.
19 Articles
19 Articles
The Mercury news
siliconvalley.comOpenAI, Microsoft lose last chance to avoid trial with Elon Musk
A federal judge in Oakland rejected requests by OpenAI and Microsoft to dismiss claims by Musk and ordered the case to proceed to a jury trial set for late April.
Jim Cramer Says Elon Musk's OpenAI Lawsuit Is 'The Real Deal' As Kalshi Bettors Raise Odds Of xAI CEO Winning - Microsoft (NASDAQ:MSFT), Tesla (NASDAQ:TSLA)
On Thursday, market commentator and CNBC personality Jim Cramer said that Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's lawsuit against OpenAI poses serious risks for the artificial intelligence company, particularly if it ever pursues a public listing. Jim Cramer Flags High Stakes For OpenAI "This Musk suit against OpenAI is the real deal — and not a good one for OpenAI if and when it wants to go public," Cramer wrote on X. He added that OpenAI may …
Elon Musk vs OpenAI and Microsoft case heads to jury trial in April as judge allows lawsuit — Here's all we know
Elon Musk's case against AI leaders OpenAI and Microsoft will head to a jury trial in April after a federal judge refused to dismiss the lawsuit, which claims the ChatGPT maker betrayed its charitable mission by becoming a for-profit entity.
Reason
UpstractOpinion Allowing Elon Musk's Claims Against OpenAI to Go Forward, Partly Allowing Claims Against Microsoft
The opinion by Judge Yvonne Gonzalez Rogers (N.D. Cal.) in Musk v. Altman was just posted. Musk's breach of charitable trust, constructive fraud, fraud, and unjust enrichment claims against OpenAI can go forward, as can Musk's claim against Microsoft for aiding and abetting breach of fiduciary duty. Musk's tortious interference with contract claim against Microsoft was thrown out. Musk's unjust enrichment claim against Microsoft was also thrown …
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