""I gave them $38 million of essentially free funding, which they then used to create an $800 billion for-profit company. I actually was a fool who created free funding for them to create a startup. I literally was.""
""Without me, OpenAI wouldn't exist!" Musk shot back, raising his voice when Savitt pressed him on the funding shortfall. Musk argued that beyond money, he contributed his reputation, contacts, and credibility, 'These things have value', and that his total contribution exceeded $100 million in intangible terms."
During day three of Musk v. Altman, Musk's attorney used Musk's emails and texts to argue the lawsuit is a competitive grievance. Musk expressed regret for funding OpenAI, stating he felt like a fool for enabling its transformation into a for-profit entity. He emphasized his contributions exceeded $100 million when considering his reputation and contacts. The tension escalated as Musk defended his role against accusations of a funding shortfall, asserting that his intangible contributions were significant.
Read at TNW | Insider
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