"A nine-member jury handed a decisive victory to Altman, saying Musk had waited too long to bring his claims against the artificial intelligence company and its top executives. Musk, who cofounded OpenAI as a nonprofit, had filed a $150bn lawsuit against the organisation, Altman and its president, Greg Brockman, accusing them of turning it into a for-profit entity for personal enrichment. The verdict, however, stopped short of resolving the central question at the heart of the case, whether OpenAI betrayed the nonprofit mission on which it was founded in 2015 as it transformed from a research lab focused on benefitting humanity into one of the world's most powerful AI companies."
"After deliberating for less than two hours, the jury unanimously found that the statute of limitations had expired before Musk filed the lawsuit in 2024, meaning jurors concluded he had waited too long to bring his claims under the applicable legal deadline. US District Judge Yvonne Gonzalez Rogers accepted the finding and dismissed the case. The ruling removes a major legal threat for OpenAI at a pivotal moment for the company, which is deepening its commercial partnerships, expanding its relationship with Microsoft and moving towards what could become one of the largest public offerings in Silicon Valley history; while for Musk, the ruling leaves room to argue that the case was lost on timing rather than substance."
"Shortly after the verdict, Musk repeated his accusations on X. Altman & Brockman did in fact enrich themselves by stealing a charity. The only question is WHEN they did it! Musk wrote on X. Creating a precedent to loot charities is incredibly destructive to c"
A jury in Oakland, California found that Elon Musk waited too long to file claims against OpenAI and its top executives. The nine-member jury unanimously concluded that the statute of limitations expired before Musk filed the lawsuit in 2024, and the case was dismissed by US District Judge Yvonne Gonzalez Rogers. The verdict did not resolve whether OpenAI betrayed its nonprofit mission after transforming into a major AI company. The dismissal reduces legal risk for OpenAI as it deepens commercial partnerships, expands ties with Microsoft, and moves toward a potentially large public offering. Musk indicated he would appeal, framing the loss as a timing issue rather than the substance of the allegations.
Read at www.aljazeera.com
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