Submission + - Musk lawsuit over OpenAI for-profit conversion can head to trial, US judge says (reuters.com)
schwit1 writes: US District Judge Yvonne Gonzalez Rogers:
"There is plenty of evidence suggesting OpenAI's leaders made assurances that its original nonprofit structure was going to be maintained."
The backstory:
Elon co-founded OpenAI in 2015 and contributed roughly $38 million, about 60% of its early funding, based on assurances it would remain a nonprofit dedicated to public benefit.
Musk left in 2018. Since then, OpenAI cut multibillion-dollar deals with Microsoft and restructured toward for-profit status.
The accusation:
Elon alleges Sam Altman and Greg Brockman plotted the for-profit switch to enrich themselves, betraying OpenAI's founding mission.
OpenAI's response:
They called Elon "a frustrated commercial competitor seeking to slow down a mission-driven market leader."
The judge disagreed. Now a jury will decide.
"There is plenty of evidence suggesting OpenAI's leaders made assurances that its original nonprofit structure was going to be maintained."
The backstory:
Elon co-founded OpenAI in 2015 and contributed roughly $38 million, about 60% of its early funding, based on assurances it would remain a nonprofit dedicated to public benefit.
Musk left in 2018. Since then, OpenAI cut multibillion-dollar deals with Microsoft and restructured toward for-profit status.
The accusation:
Elon alleges Sam Altman and Greg Brockman plotted the for-profit switch to enrich themselves, betraying OpenAI's founding mission.
OpenAI's response:
They called Elon "a frustrated commercial competitor seeking to slow down a mission-driven market leader."
The judge disagreed. Now a jury will decide.
Musk lawsuit over OpenAI for-profit conversion can head to trial, US judge says More Login
Musk lawsuit over OpenAI for-profit conversion can head to trial, US judge says
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