The jury ruled against Elon Musk against Sam Altman and OpenAI
- Jury unanimously dismissed Elon Musk’s lawsuit against OpenAI and Sam Altman.
- Case was thrown out because the claims were filed after the statute of limitations expired.
- Jury deliberated for less than two hours.
- Musk alleged OpenAI “stole a charity” by shifting from nonprofit to for-profit.
- OpenAI argued Musk knew about and supported the for-profit structure.
- OpenAI claimed Musk turned against the company after failing to gain control.
- Musk’s legal team said it reserves the right to appeal.
- Musk sought removal of Sam Altman and Greg Brockman from leadership roles.
- Musk also sought reversal of OpenAI’s governance changes and more than $180 billion in damages.
- Trial highlighted growing rivalry among major AI firms including OpenAI, Anthropic, and Musk’s AI venture.
- OpenAI is pursuing a future public listing while Anthropic has gained momentum in the AI race.
- Musk is reportedly working toward a public offering tied to SpaceX and his AI business.
- Musk attorney Steven Molo said multiple witnesses called Altman a liar under oath.
- OpenAI attorney William Savitt said Musk resorts to lawsuits instead of competing in AI.
- Witnesses included Microsoft CEO Satya Nadella, Mira Murati, Ilya Sutskever, and Shivon Zilis.
- Trial revealed internal OpenAI documents tied to the company’s founding and the 2023 “blip” when Altman was briefly fired and reinstated.
- Greg Brockman testified his OpenAI stake is worth nearly $30 billion.
Both Musk and Altman have IPOs on their mind now.
This article was written by Greg Michalowski at investinglive.com.
