Elon Musk Loses $150 Billion Lawsuit Against OpenAI, Jury Rules He Sued Too Late
A federal jury in Oakland, California, ruled that Elon Musk's $150 billion lawsuit against OpenAI and its leaders was barred by the statute of limitations. The verdict, reached after 11 days of trial and less than two hours of deliberation, clears OpenAI's path to a planned $1 trillion IPO. Musk plans to appeal, but the judge suggested his chances are slim.
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Musk’s failed court attack on OpenAI could leave lasting scars on CEO Altman’s reputation The Straits Times
The world's richest man Elon Musk lost his blockbuster lawsuit against artificial intelligence giant OpenAI on Monday, with a federal jury finding that the tycoon had waited too long to bring his case forward. The trial saw some of the most powerful figures in Silicon Valley go head-to-head with their competing ambitions for the rapidly changing technology.
A California court ruled on Monday that Elon Musk has waited too long to file a lawsuit against OpenAI's leadership accusing them of misleading the public about their plans to transform the once charity into a for-profit entity. Also in the business news this Tuesday, Standard Chartered cuts thousands of jobs as it accelerates adoption of AI and fires its CEO in South Korea over an insensitive promotional campaign.
OpenAI avoided a costly court loss to Elon Musk, but neither side is unscathed The Washington Post
OpenAI avoided a costly court loss to Elon Musk, but neither side is unscathed AP News
Elon Musk lost his lawsuit against OpenAI, with a jury ruling he waited too long to file. Musk claims the court never addressed the core allegations of enriching themselves by moving OpenAI from its nonprofit mission. He plans to appeal the decision, stating it sets a destructive precedent for charitable giving.
The swift decision caps a three-week trial that saw a parade of tech titans take the stand
Jury Rejects Musk’s Claims Against OpenAI WSJ
Watch Musk Loses Case Against Altman Over OpenAI’s Overhaul Bloomberg.com
OpenAI defeats Elon Musk's lawsuit, removes obstacle to IPO Reuters
Musk’s OpenAI Claims Rejected by Jury WSJ
Tech billionaire Elon Musk has lost his $160 billion dollar lawsuit against OpenAI and its chief Sam Altman in a federal court in California. After 11 days of testimonies and arguments, a 9-member jury deliberated for less than two hours to reach a unanimous verdict, saying Musk filed the case too late, beyond the statute of limitations. Also on the show, research finds US drivers have spent over $40 billion in additional fuel costs since the start of the Iran war.
A federal jury ruled Monday that Elon Musk waited too long to sue OpenAI and its co-founders, delivering a decisive victory to the ChatGPT startup and ending one of Silicon Valley's most closely watched courtroom battles. The swift decision caps a three-week trial that saw a parade of tech titans take the stand, with Musk arguing that OpenAI's pivot to a profit-driven business betrayed its original nonprofit mandate. FRANCE 24's Wassim Cornet reports from Los Angeles.
Musk Loses OpenAI Lawsuit, Jury Sides With Sam Altman The Daily Star Lebanon
Key moments in the Musk vs OpenAI trial Reuters
Instant View: California jury sides with OpenAI over Musk lawsuit Reuters
A US jury has ruled against Elon Musk in his lawsuit against OpenAI, finding the artificial intelligence company not liable to the world's richest person for having allegedly strayed from its original mission to benefit humanity.
Jurors spent weeks hearing about Musk's claim that Altman had "stolen a charity."
The world's richest man Elon Musk lost his blockbuster lawsuit against artificial intelligence giant OpenAI on Monday, with a federal jury finding that the tycoon had waited too long to bring his case forward. The trial saw some of the most powerful figures in Silicon Valley go head-to-head with their competing ambitions for the rapidly changing technology.
Musk's lawsuit against OpenAI dismissed due to statute of limitations Le Monde.fr
Elon Musk loses lawsuit against OpenAI TradingView
A US jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the artificial intelligence company not liable to the world’s richest person for having allegedly strayed from its original mission to benefit humanity. In a unanimous verdict, the jury in Oakland, California federal court said Musk had brought his case too late. The jury deliberated less than two hours. The trial had widely been seen as a critical moment for the future of OpenAI and artificial intelligence generally, both in how it should be used and who should benefit from it. Following the verdict, Musk’s lawyer said he reserved the right to appeal, but the judge suggested he may have an uphill battle because whether the statute of limitations ran out before Musk sued was a factual issue. “There’s a substantial amount of evidence to support the jury’s finding, which is why I was prepared to dismiss on the spot,” US District Judge Yvonne Gonzalez Rogers said. In his 2024 lawsuit, Musk accused OpenAI, its Chief Executive Sam Altman and its President Greg Brockman of manipulating him into giving $38 million, then going behind his back by attaching a for-profit business to its original nonprofit and accepting tens of billions of dollars from Microsoft and other investors. Musk called the OpenAI defendants’ conduct “stealing a charity.” OpenAI was founded by Altman, Musk and several others in 2015. Musk left its board in 2018, and OpenAI set up a for-profit business the next year. People use AI for myriad purposes such as education, facial recognition, financial advice, journalism, legal research, medical diagnoses, and harmful deep-fakes. Many people express distrust of the technology and worry it could displace people from their jobs. The verdict followed 11 days of testimony and arguments where Musk’s and Altman’s credibility came under repeated attack. Each side accused the other of being more interested in money than serving the public. In his closing argument, Musk’s lawyer Steven Molo reminded jurors that several witnesses questioned Altman’s candor or branded him a liar, and that Musk did not give an unqualified yes when asked during the trial if he was completely trustworthy. “Sam Altman’s credibility is directly at issue,” Molo said. “If you don’t believe him, they cannot win.” Musk accused OpenAI of wrongfully trying to enrich investors and insiders at the nonprofit’s expense, and failing to prioritize AI’s safety. He also contended that Microsoft knew all along that OpenAI cared more about money than being altruistic. OpenAI countered that it was Musk who saw dollar signs, and that he waited too long to claim OpenAI breached its founding agreement to build safe artificial intelligence to benefit humanity. “Mr. Musk may have the Midas touch in some areas, but not in AI,” William Savitt, a lawyer for OpenAI, said in his closing argument. OpenAI competes with AI companies such as Anthropic and xAI, and is preparing for a possible initial public offering that could value the business at $1 trillion. Microsoft has spent more than $100 billion on its partnership with OpenAI, a Microsoft executive testified. Musk’s xAI is now part of his space and rocket company SpaceX, which is preparing a IPO that could exceed OpenAI’s in size.
Elon Musk loses blockbuster OpenAI suit as jury says too late Al Arabiya English
Jurors spent nearly a month hearing and viewing evidence in the high-profile trial, where Musk had accused Altman of "stealing a charity".
Jury rules against Elon Musk in his feud with OpenAI, saying he filed his lawsuit too late The Washington Post
A US jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the artificial intelligence company not liable to the world’s richest person for having allegedly strayed from its original mission to benefit humanity. In a unanimous verdict, the jury in Oakland, California federal court said Musk had brought his case too late. The jury deliberated less than two hours. The trial had widely been seen as a critical moment for the future of OpenAI and artificial intelligence...
Elon Musk has lost his $150 billion lawsuit against OpenAI. A nine-person Oakland jury has unanimously cleared OpenAI, Sam Altman, Greg Brockman and Microsoft in Elon Musk's $150 billion lawsuit, ruling the Tesla CEO sued too late. Judge Yvonne Gonzalez Rogers dismissed the case on the spot. Musk had accused them of "stealing a charity" he co-founded in 2015. The verdict clears OpenAI's path to a planned $1 trillion IPO.
A jury in Oakland ruled Elon Musk waited too long to sue OpenAI and its leaders, a decision that significantly benefits the AI company and its founders. The jury found Musk's lawsuit barred by the statute of limitations, a finding the judge indicated she agrees with. This ruling comes as OpenAI prepares for a potential IPO.
All of Musk’s claims in lawsuit against OpenAI rejected in federal trial The Washington Post
In a unanimous verdict, the jury in Oakland, California federal court said Musk had brought his case too late.
Federal jury sides with OpenAI in feud with Elon Musk AP News
Elon Musk took on Sam Altman, accusing him of betraying OpenAI's original nonprofit mission.
Elon Musk Loses Case Against Sam Altman to Force OpenAI Overhaul Bloomberg.com
Elon Musk loses lawsuit against OpenAI The Straits Times