Elon Musk Calls Himself “Fool” In OpenAI Lawsuit, Demands $180B
Summary
During a federal trial in Oakland, Elon Musk testified that he regrets funding OpenAI, calling himself “a fool” for providing free capital to a startup that he now believes strayed from its original nonprofit mission. Musk argues that OpenAI’s shift toward a profit-driven structure, backed by commercial partnerships like Microsoft, violated the terms of his support. He is seeking to reverse the for-profit structure, remove Sam Altman and Greg Brockman from leadership, and award damages exceeding $180 billion, with the funds redirected to the nonprofit side of the organization. OpenAI’s legal team counters that Musk was aware the structure could evolve and that the lawsuit stems from his departure in 2018 and the subsequent launch of his own AI company, xAI. The trial also examines broader questions about how nonprofit AI labs can legally convert into commercial entities and how early donors’ expectations are treated in court.
(Source:The News Chronicle)