Source: The Hill
“A California federal jury unanimously rejected Elon Musk’s claims against OpenAI and its co-founder Sam Altman, ending the latest chapter in a nearly decade-long feud between the two technology moguls over the artificial intelligence firm’s non-profit structure. … The nine-person jury told the court Musk took too long to file the lawsuit, missing the deadline for the statute of limitations. … Musk and Altman founded OpenAI as a nonprofit in 2015 …. Musk invested about $38 million in OpenAI from late 2015 through May 2017. He [noticed] he was misled by the company when they decided to create a for-profit entity to get more capital for AI development. … Musk sought nearly $130 billion in damages that he said would be given back to OpenAI’s nonprofit. He also asked for the removal of Altman and Brockman from their roles and the unwinding of the firm’s for-profit conversion.” (05/18/26)
https://thehill.com/policy/technology/5883496-openai-altman-musk-verdict