Elon Musk wants any damages from his OpenAI lawsuit given to the AI company's nonprofit arm
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Elon Musk wants any damages from his OpenAI lawsuit given to the AI company's nonprofit arm
"Musk claims that OpenAI's transition to a for-profit operation defrauded him as a donor, asserting that he deserves a portion of the company's current valuation."
"If Musk wins the trial, he intends for any awarded damages to benefit the OpenAI nonprofit branch, rather than himself personally."
"Musk is also seeking the removal of OpenAI CEO Sam Altman from the nonprofit's board of directors as part of his lawsuit."
"The lawsuit reflects Musk's concerns that OpenAI has become a 'closed-source de facto subsidiary' of Microsoft after dropping its nonprofit designation."
Elon Musk has amended his lawsuit against OpenAI, seeking $150 billion in damages to be awarded to the nonprofit branch rather than personally. He claims that OpenAI's shift to a for-profit model has defrauded him as a donor. Musk is also pushing for the removal of OpenAI CEO Sam Altman from the nonprofit's board if he wins the case. The lawsuit stems from Musk's belief that OpenAI has become a subsidiary of Microsoft, compromising its original mission.
Read at Engadget
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