1 month ago
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Part of a lawsuit accusing OpenAI of abandoning its non-profit status claims Musk is owed anywhere from $79 billion to $134 billion in damages for the “wrongful gains” of OpenAI and Microsoft.
Musk claims in the filing that he’s entitled to a chunk of the company’s recent $500 billion valuation, after contributing $38 million in “seed funding” during the AI company’s early years. It wasn’t just money — according to the filing, Musk helped advise on key employee recruitment, introductions with business contacts and startup advice.
If this sounds familiar, it’s because the lawsuit dates back to March 2024. It’s still going.
— Mat Smith
The other big stories (and deals) this morning
Source: https://www.engadget.com/general/the-morning-after-engadget-newsletter-121509123.html?src=rss
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