Jury rules against Elon Musk in court battle against Sam Altman, OpenAI
A jury ruled against Elon Musk in his lawsuit against OpenAI CEO Sam Altman, concluding that Altman and OpenAI were not liable. Musk had claimed that OpenAI violated its nonprofit commitment, seeking significant financial penalties and leadership changes. The verdict comes as both Musk and Altman prepare their companies for potential public offerings.
- ▪The jury deliberated for less than two hours before reaching a verdict.
- ▪Musk alleged that OpenAI executives abandoned the organization's charitable mission for personal profit.
- ▪OpenAI's lawyers argued that Musk's donations were not restricted and that restructuring was necessary to compete.
Opening excerpt (first ~120 words) tap to expand
After less than two hours of deliberations, a jury rejected Elon Musk's claims against OpenAI CEO Sam Altman, ending a dramatic chapter in the bitter rivalry between the two tech billionaires, who were once close friends. The court, led by U.S. District Judge Yvonne Gonzalez Rogers, agreed with the advisory jury's determination that Altman and OpenAI were not liable.Musk sued Altman and OpenAI in 2024, alleging they violated their commitment to keep the artificial intelligence lab as a nonprofit. Musk helped start OpenAI in 2015, but left the board three years later.Microsoft, which invested in OpenAI as early as 2019, was also named as a defendant in the suit, with Musk claiming the software giant aided and abetted the AI startup in its alleged breach of charitable trust.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at CNBC — Top.
Discussion
0 commentsMore from CNBC — Top
