Elon Musk Calls Himself “Fool” In OpenAI Lawsuit, Demands $180B

The News Chronicle
Elon Musk sued OpenAI, claiming it broke its nonprofit promise and demanded $180 billion in damages.

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)

Crypto News

Ledger sued for $500M over alleged data breach and crypto theft

Chicago Tribune

Judge blocks President Trump’s new bid to curb birthright citizenship, citing Supreme Court precedent

Deadline

NY Times Rips Trump's DOJ For Backing AI Companies In Class Action Suit

The Boston Globe

Musicians sue AI music company Suno for imitating their voices

WIS10

Federal class-action lawsuit filed against Flock Safety

The Guardian

Uber drivers launch European class action over ‘soulless’ and ‘scary’ AI algorithm

Koreajoongangdaily Joins News

Coupang data breach lawsuit faces U.S. court jurisdiction battle

Insurance Journal

Apple to Pay Virginia Employee $150K in Religious Accommodation Settlement

Newswise

FTC Lawsuit Against Amazon Raises Questions About Advertising Costs, Competition and Consumer Impact: UMD Expert Available | Newswise

Wtvc

Whistleblower says Meta’s $18B settlement falls short of protecting kids’ lives

Upper Michigan's Source

Marquette County Board forms opioid task force to refine settlement disbursement

The Hollywood Reporter

Country Star Jason Isbell...

Billboard

Jason Isbell Files Class Action Lawsuit Claiming Suno Coded AI to ‘Extract Musicians’ Identities’

Fortune

Once a champion for physical media, Sony is now telling PlayStation customers they don’t actually own the digital video games they paid $70 for | Fortune

The Aryavarth Express - Your Own English Daily New

Subhash Chandra Insolvency: ₹22,006 Crore Claims vs ₹6.5 Crore Settlement