#yvonnerogers

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@TheBadPlace@mastodon.ozioso.online · 12h ago
Observer | The Real Stakes Behind Elon Musk’s Showdown with Sam Altman by Rachel Curry AI generated summary, Read the full article for complete information. The California trial pits Elon Musk against OpenAI’s chief Sam Altman over whether a company that began as a nonprofit can later become a for‑profit entity without breaching its original mission, with Musk arguing it cannot. Musk—who co‑founded OpenAI and now runs the rival xAI—claims the 2022 $10 billion Microsoft investment and OpenAI’s shift to a capped‑profit model in 2019 (and its 2025 conversion to a public‑benefit corporation) violated the charity’s founding purpose, and he is seeking over $150 billion in damages, a forced return to nonprofit status, and a legal ruling on whether OpenAI’s models are approaching artificial general intelligence. OpenAI contends the suit is driven by personal rivalry and that Musk previously pushed for a for‑profit conversion himself; experts say a court‑ordered reversion to nonprofit is unlikely, though financial penalties may be awarded, and the case could set precedent for how future AI startups balance nonprofit origins with profit‑driven growth. Read more: https://observer.com/2026/04/elon-musk-openai-sam-altman-lawsuit-trial/ #ElonMusk #SamAltman #OpenAI #lawsuits #technology #GregBrockman #YvonneRogers
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@TheBadPlace@mastodon.ozioso.online · 2d ago
News Headlines | OpenAI trial begins pitting Elon Musk against Sam Altman AI generated summary, Read the full article for complete information. A civil trial in Oakland began on April 28, 2026, pitting Elon Musk against OpenAI CEO Sam Altman over the company’s shift from a nonprofit to a for‑profit “wealth machine.” Musk alleges that Altman and president Greg Brockman betrayed the original mission to steward AI for humanity, seeking $150 billion in damages, the removal of Altman and Brockman, and a return to nonprofit status, with proceeds to OpenAI’s charitable arm. He claims he contributed about $38 million in seed funding and that the transformation was done without his consent. OpenAI counters that Musk was aware of, and even supported, the change, and argues his lawsuit is driven by personal grievances after he left the board and started his own AI venture. The case could affect OpenAI’s planned IPO, its valuation—potentially up to $1 trillion—and broader public concerns about AI governance. Read more: https://www.rte.ie/news/world/2026/0428/1570667-musk-altman-trial/ #ElonMusk #SamAltman #GregBrockman #OpenAI #Microsoft #YvonneRogers #SatyaNadella #xAI #business #YvonneGonzalezRogers
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