Wednesday, January 21, 2026

He Put His Reputation on the Line

Elon Musk is embroiled in a $134 billion lawsuit against OpenAI and Microsoft, claiming they reaped “wrongful gains” from his initial contributions. Musk asserts that his $38 million in seed funding represented about 60% of OpenAI’s early financial support, leading to OpenAI’s valuation of $65.5 billion to $108.4 billion and Microsoft’s valuation of $13.3 billion to $25.1 billion. Musk’s lawyer emphasized his critical role in establishing OpenAI, while OpenAI dismissed Musk’s claims as “unserious,” arguing that there’s no evidence of wrongdoing. The response framed Musk as engaging in a “harassment campaign.” This legal battle may reshape how early tech investors pursue compensation, particularly in sustainable sectors. Transportation is responsible for over 16.2% of global carbon emissions, making investments in electric vehicles crucial for reducing environmental impacts. The case is set for jury review in April in Oakland, California.

Stay updated with TCD’s newsletters for eco-friendly tips and earning opportunities!

Source link

Share

Read more

Local News