Musk, the richest man in the world, says he was a "fool" for funding OpenAI
Musk began a legal battle in 2024 against ChatGPT's core company, the founders Sam Altman and Greg Brockman, and their main partner Microsoft, accusing them of breach of contract and unfair enrichment. He is testifying for the second day in a federal court in Oakland, California.
Elon Musk, the richest man in the world, has claimed in his trial against OpenAI that he was a "fool" for having funded the creation of the tech company, which Musk has accused of being a non-profit at first and of having changed its character.
The tycoon says that the founders of OpenAir, Sam Altman and Greg Brockman, tricked him into financing the creation of OpenAI; they promised him, he explained, to keep most of the structure as a non-profit company.
"I gave them free funding to create a startup, and I gave them $38 million, almost entirely for kisses, and it's become an $800 billion company," Musk said, according to information quoted by the New York Times.
Musk began a legal battle in 2024 against ChatGPT's core company, its founders Sam Altman and Greg Brockman, and their main partner Microsoft, accusing them of breach of contract and unfair enrichment. He is testifying for the second day in a federal court in Oakland, California.
In 2019, OpenAI went from being a non-profit company to having a limited profit structure. Last year, it obtained permission from US regulators to restructure its main business and turn it into a for-profit corporation, although it remains a limited profit configuration.
The lawsuit claims $150 billion in compensation to Musk, Altman Street and the company's return to the status of a non-profit organization.
OpenAI said this is a envy lawsuit that seeks to obstruct a direct competitor using the judicial system.
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