Jury rules against Elon Musk in court battle against Sam Altman, OpenAI
The advisory jury found Musk sued too late, and Judge Yvonne Gonzalez Rogers accepted the verdict, ending the case and clearing OpenAI for its remedies phase.
- A jury in Oakland, California, rejected Elon Musk's claims against OpenAI CEO Sam Altman, concluding three weeks of testimony in the high-profile lawsuit over the company's for-profit conversion.
- Musk sued OpenAI in 2024, alleging executives "stole a charity" by abandoning its founding nonprofit mission despite his roughly $38 million donation intended for development "for the benefit of humanity."
- OpenAI's legal team argued restructuring was necessary to compete with Google DeepMind, while also revealing Musk had previously pushed to fold the company into Tesla.
- Musk's team sought $134 billion in "ill-gotten gains" and removal of executives, though District Judge Yvonne Gonzalez Rogers must now confirm the advisory jury's verdict.
- The verdict arrives as both billionaires prepare companies for public markets; OpenAI recently raised $122 billion at a valuation of over $850 billion, while SpaceX, valued at $1.25 trillion, may publish its IPO prospectus this week.
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Musk loses USD 150 billion lawsuit against OpenAI and Sam Altman
A federal jury in Oakland, California, on Monday unanimously rejected the lawsuit that magnate Elon Musk had filed against OpenAI chief executive Sam Altman and the company's president, Greg Brockman, in which he sought USD 150 billion in damages and the reversal of the artificial intelligence firm's transformation into a for-profit entity. The verdict, reached by all nine jurors, found that the lawsuit is barred by the statute of limitations and
An American jury ruled against Elon Musk on Monday in his lawsuit against OpenAI, the parent company of ChatGPT. Musk accused his former associate Sam Altman of betraying their shared vision, namely that OpenAI would remain a non-profit organization dedicated to the development of artificial intelligence for the benefit of humanity.
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