Sam Altman, CEO of OpenAI, recently addressed potential investor concerns regarding Elon Musk’s upcoming lawsuit against the AI firm, set to proceed to trial in April 2025. OpenAI anticipates Musk will make “deliberately outlandish” claims during the trial, stemming from their lengthy conflict after his departure from the board in 2018. Musk, who co-founded OpenAI in 2015, alleges he was misled over the company’s transition to a for-profit model and seeks compensation for intellectual property he believes he contributed to—potentially totaling billions. In a letter to investors, OpenAI expressed confidence in their legal defenses, asserting the lawsuit is baseless and values Musk’s claims at a maximum of $38 million, the amount he donated. The ongoing case, filed in August 2024, highlights tensions within the AI sector and OpenAI’s rapid growth, with a valuation now reaching $500 billion. The company is focused on clarifying misleading information ahead of the trial.
Source link
Share
Read more