00:00Elon Musk was handed a loss by jurors in the landmark trial over the future of open
00:05AI, finding that the world's richest person had brought his case too late.
00:10The unanimous verdict, which the jury reached in less than two hours of deliberations, found
00:14that Musk had filed his suit after the three-year statute of limitations had expired.
00:19This caps three weeks of proceedings that captivated Silicon Valley and beyond, and
00:25featured testimony from some of the biggest names in tech.
00:27Musk, who donated $38 million to OpenAI years before launching his own high-profile artificial
00:34intelligence project, XAI, sought about $150 billion in damages and a court order unwinding
00:41OpenAI's for-profit status.
00:44The verdict avoids a potential shakeup of the AI landscape at a critical moment.
00:49Musk is planning a public share offering for SpaceX, which merged with its own AI startup.
00:54OpenAI, meanwhile, is also racing towards an IPO.
00:59Musk lawsuit alleged that OpenAI violated the company's charitable mission when it launched
01:04a for-profit entity and raised billions to help it grow into the juggernaut it is today.
01:09The suit also accused Microsoft of aiding and abetting the scheme by pumping some $13 billion
01:15into OpenAI's for-profit arm.
01:18In his testimony during the trial's first week, Musk said,
01:26Musk repeated versions of the phrase throughout his time on the witness stand.
01:31Sam Altman and the other defendants said throughout the trial that Musk was well aware of and even
01:36supported OpenAI's for-profit endeavors.
01:40Musk's lawyer said in court that his side will reverse its right to appeal the verdict.
01:44The
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