Why Elon Musk is seeking up to $134 billion from OpenAI, Microsoft in ‘wrongful gains’

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Elon Musk is seeking up to $134 billion from OpenAI and ‍Microsoft, arguing he deserves the “wrongful gains” that they received from his early support of ⁠the artificial-intelligence startup, according to a court filing on Friday.

OpenAI gained between $65.5 billion and $109.4 billion from the billionaire entrepreneur’s contributions when he was co-founding OpenAI from 2015, while ‌Microsoft gained ‌between $13.3 billion and $25.1 billion, Musk said in the federal court filing ahead of his trial against ‌the two companies.

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Why Elon Musk is seeking up to $134 billion from OpenAI, Microsoft in ‘wrongful gains’



Elon Musk is seeking up to $134 billion from OpenAI and ‍Microsoft, arguing he deserves the “wrongful gains” that they received from his early support of ⁠the artificial-intelligence startup, according to a court filing on Friday.

OpenAI gained between $65.5 billion and $109.4 billion from the billionaire entrepreneur’s contributions when he was co-founding OpenAI from 2015, while ‌Microsoft gained ‌between $13.3 billion and $25.1 billion, Musk said in the federal court filing ahead of his trial against ‌the two companies.

OpenAI, Microsoft



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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