"Musk alleges the artificial intelligence startup abandoned its founding mission as a nonprofit to benefit humanity when it took billions of dollars in backing from Microsoft Corp. and planned its restructuring as a for-profit business."
"Musk is seeking as much as $134 billion in damages that he has asked be directed to OpenAI's charitable arm, if he wins at trial."
"OpenAI, Altman, Brockman and Microsoft have all denied wrongdoing, saying Musk's claims are baseless harassment."
"The trial will be divided into two phases. During the first portion, a jury will hear arguments and testimony about Musk's allegations, which now focus on two claims - unjust enrichment and breach of charitable trust."
Elon Musk dropped fraud claims against OpenAI and its co-founders, leaving two claims to proceed to trial. Musk alleges OpenAI abandoned its nonprofit mission for profit after receiving Microsoft funding. He seeks $134 billion in damages directed to OpenAI's charitable arm, restoration of its nonprofit status, and removal of Altman and Brockman from their roles. OpenAI and its leaders deny wrongdoing, calling Musk's claims baseless. The trial will have two phases: one for Musk's allegations and another for potential remedies.
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