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Musk v. Altman heads to court next week. Here's what at stake [CNBC]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
In his $134 billion lawsuit, Musk claimed that OpenAI, Altman and the company's president, Greg Brockman, reneged on a vow they made to keep the AI lab a nonprofit in perpetuity. The trial lands as Musk is preparing to take SpaceX public in what will likely to be a record IPO, and as OpenAI gears up for a potential public offering later this year. In this article A years-long legal brawl between Elon Musk , the world's richest man, and OpenAI CEO Sam Altman heads to court in Northern California on Monday in a dramatic showdown between two of the most high-profile names in the tech industry. In his $134 billion lawsuit , Musk claimed that OpenAI, Altman and the company's president, Greg Brockman, reneged on a vow they made to keep the artificial intelligence lab a nonprofit in perpetuity. OpenAI has since restructured so that it can operate a for-profit subsidiary, and it's now valued at over $850 billion. Musk and Altman were once close friends, and were among a group of of
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