Elon Musk lost the lawsuit he filed against OpenAI, the artificial intelligence company he co-founded in 2015 alongside 10 other Silicon Valley researchers and entrepreneurs, investing approximately $38 million during its early stages.
The lawsuit was primarily directed against Sam Altman and was based on the claim that OpenAI abandoned its original non-profit mission, developing AI for the benefit of humanity, by gradually transforming into a commercial company with close ties to Microsoft and a valuation worth hundreds of billions of dollars.
Altman told the court that Musk himself had previously supported the idea of turning OpenAI into a for-profit company.
Musk argued that this transition violated the founding agreement upon which OpenAI had been built and accused the company’s leadership of commercializing an organization originally established as a non-profit. Among other demands, he sought $150 billion in damages, Altman’s removal from the board, and the reversal of the corporate restructuring that paved the way for a potential public stock market listing.
OpenAI responded by arguing that Musk himself had previously supported a more commercial structure for the company, including the possibility of merging it with Tesla. Altman also argued in court that Musk only turned against OpenAI after ChatGPT transformed the company into a dominant player in the global AI market.
However, the case was not decided on its merits. The jury concluded that Musk had filed the lawsuit after the legal deadline had expired, leading to the dismissal of the main claims without examining whether the allegations themselves were valid.
Sources: BBC, Νew York Times
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