The jury ruled against Elon Musk against Sam Altman and OpenAI
Jury unanimously dismissed Elon Musk’s lawsuit against OpenAI and Sam Altman.
Case was thrown out because the claims were filed after the statute of limitations expired.
Jury deliberated for less than two hours.
Musk alleged OpenAI “stole a charity” by shifting from nonprofit to for-profit.
OpenAI argued Musk knew about and supported the for-profit structure.
OpenAI claimed Musk turned against the company after failing to gain control.
Musk’s legal team said it reserves the right to appeal.
Musk sought removal of Sam Altman and Greg Brockman from leadership roles.
Musk also sought reversal of OpenAI’s governance changes and more than $180 billion in damages.
Trial highlighted growing rivalry among major AI firms including OpenAI, Anthropic, and Musk’s AI venture.
OpenAI is pursuing a future public listing while Anthropic has gained momentum in the AI race.
Musk is reportedly working toward a public offering tied to SpaceX and his AI business.
Musk attorney Steven Molo said multiple witnesses called Altman a liar under oath.
OpenAI attorney William Savitt said Musk resorts to lawsuits instead of competing in AI.
Witnesses included Microsoft CEO Satya Nadella, Mira Murati, Ilya Sutskever, and Shivon Zilis.
Trial revealed internal OpenAI documents tied to the company’s founding and the 2023 “blip” when Altman was briefly fired and reinstated.
Greg Brockman testified his OpenAI stake is worth nearly $30 billion.
Both Musk and Altman have IPOs on their mind now.
This article was written by Greg Michalowski at investinglive.com.