Elon Musk vs OpenAI and Microsoft battle heats up as billionaire demands up to $134 billion in damages

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Elon Musk is seeking $79 billion to $134 billion in damages from OpenAI and Microsoft over claims that the ChatGPT maker defrauded him by abandoning its non-profit roots and partnering with the Redmond, Washington-based company, as per a report by Bloomberg.

Reportedly, Musk’s lawyers in a court filing on Friday detailed the damages just a day after a federal judge rejected the final effort by OpenAI and Microsoft to avoid a jury trial set for late April.

How were damages calculated?

The filing details calculations made by financial economist expert…



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Elon Musk vs OpenAI and Microsoft battle heats up as billionaire demands up to $134 billion in damages


Elon Musk is seeking $79 billion to $134 billion in damages from OpenAI and Microsoft over claims that the ChatGPT maker defrauded him by abandoning its non-profit roots and partnering with the Redmond, Washington-based company, as per a report by Bloomberg.

Reportedly, Musk’s lawyers in a court filing on Friday detailed the damages just a day after a federal judge rejected the final effort by OpenAI and Microsoft to avoid a jury trial set for late April.

How were damages calculated?

The filing details calculations made by financial economist expert…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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