Updated
Updated · Computerworld · May 27
Judge Dismisses Musk's $150 Billion OpenAI Suit After Statute Deadline Lapses
Updated
Updated · Computerworld · May 27

Judge Dismisses Musk's $150 Billion OpenAI Suit After Statute Deadline Lapses

15 articles · Updated · Computerworld · May 27
  • $150 billion in claims by Elon Musk against OpenAI, Microsoft and executives were thrown out after the court found he sued after the statute of limitations expired.
  • The case challenged OpenAI's shift from a 2015 nonprofit to a hybrid for-profit structure and its acceptance of Microsoft's investment, which later grew to about $13 billion.
  • OpenAI says Musk himself pushed in 2018 for a for-profit pivot, sought control and proposed tying the company to Tesla before leaving when other founders rejected the plan.
  • The dismissal left Musk's underlying allegations unresolved, even as OpenAI is seen as a potential $1 trillion IPO candidate and Microsoft holds a reported 27% stake.
Musk's lawsuit failed, but was he right about the hypocrisy behind OpenAI's pivot from charity to a trillion-dollar cash cow?
With its nonprofit mission weakened and Microsoft's grip loosened, who now truly governs the future of OpenAI's powerful artificial intelligence?
As tech giants race towards trillion-dollar AI IPOs, are average investors being set up to fund a bubble destined to burst?