"The nine jurors on the court unanimously concluded that Musk's claims of breach of charitable trust and unjust enrichment were filed too late. U.S. District Judge Yvonne Gonzalez Rogers said she would accept the advisory verdict."
"Musk sued OpenAI in 2024, alleging that the lab, which was founded as a nonprofit organization, had abandoned its nonprofit mission. The lab transitioned to a partially for-profit structure in 2019, a transition Musk says makes their solicitation of donations as a nonprofit fraudulent."
"He sought $134 billion in damages from OpenAI and Microsoft, the removal of Altman and President Greg Brockman, and reversal of the company's restructuring. Musk, who donated $38 million before leaving OpenAI in 2018, cast the case as a battle over AI's future, while OpenAI's lawyers called the lawsuit a "pageant of hypocrisy.""
A jury unanimously found that Elon Musk’s claims against OpenAI and its CEO were barred by the statute of limitations. The claims included breach of charitable trust and unjust enrichment, and the court accepted the advisory verdict. Musk sued OpenAI in 2024, alleging the nonprofit lab abandoned its nonprofit mission after transitioning to a partially for-profit structure in 2019. Musk argued that the nonprofit donation solicitation became fraudulent after the restructuring. He sought $134 billion in damages from OpenAI and Microsoft, requested removal of Sam Altman and Greg Brockman, and sought reversal of the restructuring. Musk may appeal the ruling.
Read at The American Conservative
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