Elon Musk accused of making up math to squeeze $134B from OpenAI, Microsoft
Briefly

Elon Musk accused of making up math to squeeze $134B from OpenAI, Microsoft
"Perhaps most glaringly, Wazzan reached his opinions without ever weighing the contributions of anyone but Musk, OpenAI alleged."
""Wazzan's methodology is made up; his results unverifiable; his approach admittedly unprecedented; and his proposed outcome-the transfer of billions of dollars from a nonprofit corporation to a donor-turned competitor-implausible on its face," OpenAI argued."
""Wazzan conceded at deposition that he had no reason to believe Musk 'expected a financial return when he donated... to OpenAI nonprofit.'""
""I don't need to know all the other people," Wazzan testified."
OpenAI alleges Wazzan reached conclusions without evaluating contributions from anyone besides Musk, excluding co-founders, investors like Microsoft, and scientists who developed ChatGPT. OpenAI asserts Wazzan dismissed those creators as having "contributed zero percent of the nonprofit's current value" and failed to quantify Musk's nonmonetary contributions. OpenAI argues Wazzan assigned identical damages across claims, producing unverifiable "black box" calculations and an unprecedented outcome of transferring billions from a nonprofit to a donor-turned competitor. OpenAI notes legal limits on private economic interests in nonprofits and cites Wazzan's deposition concessions. A trial will resolve whether such damages are owed.
Read at Ars Technica
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