{*}
Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 December 2024 January 2025 February 2025 March 2025 April 2025 May 2025 June 2025 July 2025 August 2025 September 2025 October 2025 November 2025 December 2025 January 2026 February 2026 March 2026 April 2026
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21
22
23
24
25
26
27
28
29
30
News Every Day |

The Musk vs Altman trial is fast approaching. The stakes are high for OpenAI and its CEO.

Sam Altman cofounded OpenAI years ago along with Musk and others. The AI company's shift from a nonprofit to a for-profit entity is at the heart of the Tesla CEO's lawsuit.
  • Tech titans Elon Musk and Sam Altman will face off in court starting April 27.
  • Musk has accused Altman of deceiving him into donating $38 million to OpenAI, which he helped cofound.
  • There's a lot at stake for the defendants, including Altman, OpenAI, and even its major investor, Microsoft.

Was OpenAI built on a lie — and could a jury sympathetic to that claim force it to undergo yet another dramatic transformation?

Later this month, Elon Musk will ask an Oakland federal jury to decide whether his fellow OpenAI cofounders, Sam Altman and Greg Brockman, deceived him into donating $38 million to the AI company by promising it would remain a nonprofit for the benefit of humanity.

In allowing the case to go to trial, the judge cited, among other evidence, an exhibit containing Brockman's private musings over the direction of the nonprofit before Musk resigned from its board in 2018.

"can't see us turning this into a for-profit without a very nasty fight," Brockman wrote, adding, "and his story will correctly be that we weren't honest with him in the end about still wanting to do the for profit just without him."

The same exhibit also shows Brockman saying it would be "morally bankrupt" to "steal" the company from Musk.

The battle of the titans is set to kick off with jury selection on April 27, marking the culmination of a feud that has long spilled outside the courtroom. Earlier this month, OpenAI asked the attorneys general of California and Delaware to probe "anti-competitive behavior" by Musk, who runs rival AI company xAI.

In the latest twist, Musk has asked the Oakland federal judge overseeing the case to consider removing Altman as an officer of the for-profit if the jury finds him liable, among other potential remedies. The judge will review potential remedies after the jury decides on the liability claims.

So what's at stake for the key players in this legal battle? We compiled a list of potential consequences for OpenAI, Altman, Musk, and more as the trial nears.

OpenAI

At the heart of the case is OpenAI's 2025 transition to a for-profit entity. If he wins, Musk wants OpenAI, now valued at over $800 billion, to be returned to a nonprofit entity. He's also asking for billions in disgorgement to be returned to the nonprofit.

If forced to revert to a nonprofit, OpenAI could face fundraising headaches as it lays the groundwork for a possible IPO, which could happen as soon as this year. The AI company has been on a seemingly never-ending quest to raise the capital necessary to train and launch more advanced LLMs, and previously faced investor pressure to restructure into a more traditional for-profit entity.

Sam Altman

Musk is seeking to have Altman removed as a director of the nonprofit and as an officer of the for-profit. He also wants to strip Altman of his equity in the company, which could limit Altman's ability to profit if OpenAI goes public.

Whether the judge would agree with Musk's request to remove Altman is another question. On Friday, the judge questioned whether some of Musk's remedy requests were within her powers. She said she will consider Musk's demands after the jury decides on the liability issue.

The trial could also reignite questions about Altman's leadership, which were thrust into the limelight when he was briefly fired by the board in 2023. Musk's lawyers are expected to call to the witness stand former board members who voted for Altman to be fired, saying he fostered a "toxic culture of lying," including potentially Tasha McCauley.

Regardless of the legal outcome, testimony about Altman could prove bruising, especially as it comes hot on the heels of Ronan Farrow's New Yorker investigation questioning if the CEO could be trusted.

Greg Brockman

Musk is also seeking to have Brockman removed as an officer of OpenAI and stripped of his equity in the company. Brockman is currently president of OpenAI.

Like Altman, Brockman can also expect to be confronted with potentially uncomfortable evidence at trial, including more of his diary entries.

Microsoft

Musk claims Microsoft, which invested $1 billion in OpenAI in 2019, aided and abetted OpenAI's breach of his charitable donations.

His effort to force OpenAI to revert to a nonprofit could dismantle the current commercial structure between OpenAI and Microsoft, which was renegotiated in 2025. Musk is also seeking financial disgorgement in the billions, as well as disgorgement of intellectual property rights.

Elon Musk

In a hearing on Friday, Judge Yvonne Gonzalez Rogers said she still needs to decide whether to grant Musk his requests for structural remedies, like the unwinding of the for-profit.

OpenAI, meanwhile, is waging a legal and highly public counter- offensive that frames Musk as a disgruntled rival simply looking to take down a competitor. In a counterclaim green-lighted to proceed last year, OpenAI has argued that Musk's lawsuit is intended to disrupt its business.

Musk established his own AI startup, xAI, in 2023, which competes with OpenAI directly for talent, funding, and customers. Recently unsealed documents show Musk asking Meta founder Mark Zuckerberg in 2025 to join a bid to buy OpenAI's assets.

"His lawsuit remains nothing more than a harassment campaign that's driven by ego, jealousy and a desire to slow down a competitor," the company posted in social media site X on April 7.

Musk is also preparing a public offering for SpaceX, his rocket company that acquired xAI in February. Proving successful in court against OpenAI would notch him a win that would undoubtedly throw a monkey wrench into the operations of his chief rival at a time when the Tesla CEO is looking to gain investor momentum for xAI.

A loss in court could validate claims that he is merely looking to disrupt a rival and open him to damages to OpenAI for business interference.

Read the original article on Business Insider
Ria.city






Read also

How the next gen of Tiger Cubs did in a rough quarter for hedge funds

BREAKING: Billy Donovan Steps Down As Bulls Head Coach — And Why It Was Best For All

Retirees and Pre-retirees, it’s not too late to de-risk your portfolio

News, articles, comments, with a minute-by-minute update, now on Today24.pro

Today24.pro — latest news 24/7. You can add your news instantly now — here




Sports today


Новости тенниса


Спорт в России и мире


All sports news today





Sports in Russia today


Новости России


Russian.city



Губернаторы России









Путин в России и мире







Персональные новости
Russian.city





Friends of Today24

Музыкальные новости

Персональные новости