"Elon Musk has launched a $134 billion lawsuit against OpenAI and Microsoft, claiming both companies unjustly profited from his early backing of the artificial intelligence pioneer and abandoned its founding mission. In a federal court filing on Friday, lawyers for Elon Musk said OpenAI gained between $65.5 billion and $109.4 billion as a result of Musk's initial funding, reputation and strategic input after he co-founded the organisation in 2015."
"OpenAI completed a major restructuring last year alongside Microsoft, valuing the business at $500 billion. Under the new structure, a non-profit OpenAI Foundation will hold equity in a for-profit arm that can raise funds from external investors. OpenAI dismissed Musk's claim as "unserious", accusing him of running a sustained harassment campaign against the company. Microsoft and OpenAI jointly asked the court to restrict the evidence presented by Musk's expert witness, financial economist C Paul Wazzan, arguing the damages estimates are speculative, unverifiable and misleading."
A $134 billion lawsuit claims OpenAI gained between $65.5 billion and $109.4 billion from Musk's early funding, reputation and strategic input, and alleges Microsoft benefited $13.3–25.1 billion as an investor. The suit states Musk co-founded OpenAI in 2015, provided seed capital and expertise, and left in 2018 after governance disputes. The complaint alleges OpenAI breached its original non-profit mission by restructuring into a for-profit arm housed under a non-profit foundation and partnering with Microsoft in a deal valuing the business at $500 billion. OpenAI and Microsoft call the damages speculative and seek to limit the expert's evidence.
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