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Musk's OpenAI Claims
Benzinga
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9 hours ago
Elon Musk escalated his lawsuit against OpenAI and Microsoft, seeking up to $134 billion in damages and saying he welcomes a jury trial, while OpenAI disputes his claims ahead of an expected April start.
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00:00
It's Benzinga, bringing Wall Street to Main Street.
00:03
Elon Musk has escalated his lawsuit against OpenAI and Microsoft,
00:07
saying he is eager for a jury trial and promising major revelations during discovery and testimony,
00:12
according to Benzinga.
00:14
Musk, a co-founder of OpenAI, alleges the company defrauded him by shifting from a
00:19
non-profit structure to a for-profit model. He is seeking up to $134 billion in damages
00:25
from OpenAI and Microsoft, claiming they benefited from his early financial and strategic support.
00:31
Musk said in a post on X that he can't wait to start the trial.
00:34
OpenAI CEO Sam Altman said Musk is selectively presenting information
00:38
and claimed Musk pushed for a new structure,
00:41
while OpenAI leaders spent time assessing whether his demands could be met.
00:45
The trial is expected to begin in April.
00:47
For all things money, visit Benzinga.com.
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