Musk, OpenAI lawyers trade barbs as lawsuit heads to trial

Cnbc
Elon Musk's lawsuit against OpenAI will proceed to trial, intensifying his dispute with the company and CEO Sam Altman over its for-profit shift.

Summary

Elon Musk’s lawsuit against OpenAI is moving forward to trial, escalating a long-standing conflict with the company and its CEO, Sam Altman. Musk alleges he was misled about OpenAI’s commitment to remaining a non-profit, safer alternative to profit-driven tech companies, and claims he was “assiduously manipulated” when OpenAI pursued for-profit ventures like its partnership with Microsoft. OpenAI denies these claims, calling the lawsuit “baseless” and part of a pattern of harassment.

The dispute stems from OpenAI’s initial founding in 2015 as a non-profit, with Musk departing the board in 2018 after disagreements over a potential Tesla acquisition. In 2024, OpenAI announced plans to become a for-profit company, later restructuring to maintain non-profit control. Microsoft holds a significant investment in OpenAI’s for-profit arm, valued at approximately $135 billion.

Musk, who has voiced concerns about the dangers of AI and founded his own AI company, xAI, argues that Altman and others have unjustly enriched themselves. The trial will address allegations of breach of fiduciary duty and deceptive practices, with Microsoft also named as a defendant.

(Source:Cnbc)

Newsweek

Krispy Kreme $1.6 Million Settlement: Americans Get June Deadline To Apply

USA TODAY

You may be owed money. These are open settlement claims as of today

Livemint

Krispy Kreme data breach settlement: Who is eligible? How can customers claim up to $3,500? Know deadline & more

The Economic Times

Southern California chemical tank at risk of exploding as 50,000 residents are ordered to evacuate

The Independent

Android users may qualify for payment in $135 million Google settlement

Inven Global

Microsoft Settles Activision Blizzard Acquisition Lawsuit for $340 Billion

Daily News Egypt

Winvestor Developments launches Aurevia Community in Sixth Settlement, targets EGP 8bn in sales

USA Herald

Garden Grove Chemical Crisis Sparks Class Action Lawsuit as Officials Warn Aerospace Tank “Is Going to Fail”

Ehn

Bayer's proposed Roundup settlement violates Constitution, new legal filing claims

Headtopics

'It's an obvious problem': Class action lawsuit alleges WA's DOL left door open for identity fraud

Cnet

Do You Own an Android Phone? Claim a Part of Google's $135M Data Harvesting Settlement Soon

Mix Vale

FIFA litigation settlement led to Fox securing massive World Cup broadcast rights discount

The Beaver

Bank of England’s 24/7 Settlement Vision Signals Future of Tokenized Finance

KABC-TV

Residents file class action lawsuit over unstable chemical tank in Garden Grove

Santa Ana Orange County Register

Outrage, frustrations grow as residents await word on possible Garden Grove chemical blast find few answers