00:02Industry players are closely following the legal battle between billionaires Elon Musk and Sam Altman over the transformation of the
00:09OpenAI company from a non-profit research lab into a profit-driven artificial intelligence juggernaut.
00:16The trial began on Monday with the selection of nine jurors, followed by the opening statements to be made by
00:23Musk and Altman at a federal court in California on Tuesday.
00:27Bill Savitt, an attorney for OpenAI, said it was a good day in court, and he expressed confidence that the
00:33jury would fairly assess the facts and side with his team.
00:37The hurdle we think we need to get over is just to present the truth here. We've got a story
00:41about what happened that is consistent with the facts, it's consistent with the documents, and we just want the jury
00:47to see that.
00:47And we think any fair jury will understand our position, and we think it'll side with us, and we think
00:53we've got a jury that'll do that.
00:54Musk, who is a co-founder of the company, alleges that Altman and OpenAI president Greg Brockman betrayed him and
01:02the public by abandoning the company's original mission of developing AI for the benefit of humanity, and instead turning it
01:09into a wealth machine for themselves and investors.
01:11The world's richest person is seeking $150 billion in damages from OpenAI and Microsoft, one of its major investors, with
01:22proceeds to be directed to OpenAI's charitable arm.
01:25He is also seeking to force OpenAI to return to its non-profit status and remove Altman and Brockman from
01:32their roles.
01:34Musk said he provided about $38 million of seed money to OpenAI for its original mission, only to see OpenAI
01:41create a for-profit entity in March 2019, a little over a year after he left its board.
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