The jury ruled against Elon Musk against Sam Altman and OpenAI

• Jury unanimously dismissed Elon Musk’s lawsuit against OpenAI and Sam Altman.
• Case was thrown out because the claims were filed after the statute of limitations expired.
• Jury deliberated for less than two hours.
• Musk alleged OpenAI “stole a charity” by shifting from nonprofit to for-profit.
• OpenAI argued Musk knew about and supported the for-profit structure.
• OpenAI claimed Musk turned against the company after failing to gain control.
• Musk’s legal team said it reserves the right to appeal.
• Musk sought removal of Sam Altman and Greg Brockman from leadership roles.
• Musk also sought reversal of OpenAI’s governance changes and more than $180 billion in damages.
• Trial highlighted growing rivalry among major AI firms including OpenAI, Anthropic, and Musk’s AI venture.
• OpenAI is pursuing a future public listing while Anthropic has gained momentum in the AI race.
• Musk is reportedly working toward a public offering tied to SpaceX and his AI business.
• Musk attorney Steven Molo said multiple witnesses called Altman a liar under oath.
• OpenAI attorney William Savitt said Musk resorts to lawsuits instead of competing in AI.
• Witnesses included Microsoft CEO Satya Nadella, Mira Murati, Ilya Sutskever, and Shivon Zilis.
• Trial revealed internal OpenAI documents tied to the company’s founding and the 2023 “blip” when Altman was briefly fired and reinstated.
• Greg Brockman testified his OpenAI stake is worth nearly $30 billion.

Both Musk and Altman have IPOs on their mind now.

This article was written by Greg Michalowski at investinglive.com.



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