"A California court has dismissed Musk's lawsuit against Sam Altman and OpenAI after finding the case was filed outside the statute of limitations, marking a significant legal setback for the Tesla chief and removing a key obstacle to the AI company's planned public listing. Following around two hours of deliberation, a nine-member jury unanimously concluded that Musk's claims were time-barred, a finding the presiding judge said she would accept."
"The case, filed in 2024, centred on Musk's allegation that OpenAI founders Sam Altman and Greg Brockman improperly shifted the organisation from its original non-profit structure into a for-profit entity. Musk sought USD$134bn (£105.9bn) in damages, alongside structural changes at the company, arguing he was misled about its direction after departing following a 2018 internal power struggle. Musk has said he will appeal the ruling in the US Ninth Circuit."
"Google and Blackstone have announced a joint venture to develop an-focused cloud business, as demand for high-performance computing infrastructure continues to surge globally. The partnership is designed to expand access to AI computing capacity by combining Google's cloud technology with Blackstone's large-scale infrastructure investment capabilities. Under the deal, Blackstone will invest an initial USD$5bn (£3.95bn) in equity to help deliver 500 megawatts of data centre capacity by 2027, with plans for further expansion over time."
"HBO Max has announced the rollout of podcasts on its streaming platform across Europe, marking an expansion of its content ecosystem beyond films an"
A California court dismissed Musk’s lawsuit against Sam Altman and OpenAI because the claims were filed outside the statute of limitations. A nine-member jury unanimously found the case was time-barred after about two hours of deliberation, and the presiding judge said she would accept the verdict. Musk sought $134 billion in damages and structural changes, alleging OpenAI founders improperly shifted the organization from a non-profit to a for-profit entity. Musk said he will appeal to the US Ninth Circuit. Google and Blackstone announced a joint venture to build an AI-focused cloud business, combining Google cloud technology with Blackstone infrastructure investment. Blackstone will invest $5 billion in equity to deliver 500 megawatts of data center capacity by 2027. HBO Max rolled out podcast content across Europe on its streaming platform.
Read at Exchangewire
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