00:00It's Benzinga bringing Wall Street to Main Street.
00:02Elon Musk filed a legal motion seeking to remove Sam Altman and Greg Brockman from their roles at
00:07OpenAI, according to CNBC. Musk's lawyers detailed the remedies he is seeking if a court
00:13finds that Altman and OpenAI defrauded him. The world's richest person sued Altman and OpenAI in
00:182024, alleging they misled him into donating $38 million by promising the company would remain a
00:25non-profit. He is also asking the court to force OpenAI to operate as a non-profit and return
00:30alleged ill-gotten gains, including those tied to Microsoft. OpenAI urged state attorneys general
00:35to investigate Musk, alleging he engaged in improper and anti-competitive behavior. Musk co-founded OpenAI
00:41as a non-profit in 2015 and left in 2018 after attempting to merge it with Tesla.
00:46For all things money, visit Benzinga.com.
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