#charitable-trust

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#openai
fromKqed
1 week ago
Law

Federal Court Rules Against Elon Musk in His Bitter Feud With Sam Altman | KQED

Non-profit organizations
fromTNW | Insider
1 month ago

Musk v. Altman trial begins with $150B at stake over OpenAI's nonprofit-to-profit conversion

Elon Musk is suing OpenAI for unjust enrichment and breach of charitable trust over its nonprofit-to-profit conversion.
Law
fromwww.mercurynews.com
4 months ago

OpenAI, Microsoft lose last chance to avoid trial with Elon Musk

A federal judge allowed Elon Musk's lawsuit against OpenAI and Microsoft to proceed to a jury trial over alleged breach of charitable trust.
Law
fromKqed
1 week ago

Federal Court Rules Against Elon Musk in His Bitter Feud With Sam Altman | KQED

Musk’s charitable-trust breach claims were dismissed as time-barred, and related claims against Microsoft were also rejected.
Silicon Valley
fromwww.theguardian.com
1 week ago

What we learned from the cringey courtroom drama between Elon Musk and Sam Altman

A jury will decide whether allegations of charity theft against Sam Altman and OpenAI are legitimate after a three-week trial featuring extensive private communications and testimony.
Silicon Valley
fromTNW | Openai
2 weeks ago

Jury deliberations to begin in OpenAI nonprofit trial after Musk skips closing for Beijing

A jury trial over OpenAI-related claims ends with deliberations starting Monday after closing arguments, while Elon Musk skips the closing due to a Trump-led Beijing trip.
Artificial intelligence
fromwww.aljazeera.com
2 weeks ago

Closing arguments begin in Elon Musk's landmark lawsuit against OpenAI

OpenAI is accused of violating its charitable mission by prioritizing profit and AI safety failures, with credibility disputes centered on Sam Altman.
Non-profit organizations
fromTNW | Insider
1 month ago

Musk v. Altman trial begins with $150B at stake over OpenAI's nonprofit-to-profit conversion

Elon Musk is suing OpenAI for unjust enrichment and breach of charitable trust over its nonprofit-to-profit conversion.
fromFortune
1 week ago

Jury rules against Elon Musk in suit against OpenAI | Fortune

The court, led by U.S. District Judge Yvonne Gonzalez Rogers, agreed with the jury's determination that Altman and OpenAI were not liable, and that "claims of breach of charitable trust and unjust enrichment are dismissed as untimely."
Intellectual property law
fromThe Verge
1 week ago

Elon Musk lost his case against Sam Altman

The jury found that Musk's claim for breach of charitable trust was barred by the statute of limitations, and the claim that Microsoft aided and abetted such a breach failed with it.
Law
fromTechCrunch
2 weeks ago

What the jury will actually decide in the case of Elon Musk vs. Sam Altman | TechCrunch

Breach of charitable trust - essentially, did OpenAI and cofounders Sam Altman and Greg Brockman violate a specific agreement with Musk to use his donations to OpenAI for a specific, charitable purpose and not general use by the non-profit? Unjust enrichment - did the defendants use Musk's donations to enrich themselves through OpenAI's for-profit arm, instead of for charitable purposes? Aiding and abetting breach of charitable trust - Did Microsoft, through its interactions with OpenAI, know that Musk had specific conditions on its donations, and play a significant role in causing harm to Musk?
Non-profit organizations
Silicon Valley
fromWIRED
2 weeks ago

Elon Musk Had 'Hair-Raising' Idea of Passing OpenAI Onto His Kids, Sam Altman Says

Altman testified under cross-examination amid allegations of deception, while Musk’s case showed limited evidence and potential statute-of-limitations issues.
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