- US Jury Clears Sam Altman and OpenAI Executives of Breaching Founding Agreements and Unjust Enrichment Claims
- Oakland Court Rules in Favor of Sam Altman and Microsoft in OpenAI Lawsuit
Elon Musk suffered a major legal setback in his dispute with OpenAI after a US federal jury ruled that Sam Altman and the company’s leadership were not liable for allegations related to breached founding agreements and unjust enrichment.
The verdict, delivered in Oakland, California, cleared OpenAI CEO Sam Altman, company president Greg Brockman, and Microsoft of claims brought by Musk over the company’s transition toward a for-profit structure.
Jurors concluded that Musk’s 2024 lawsuit was filed beyond the legal time limit, while OpenAI argued throughout the trial that Musk had been aware of the company’s commercial plans since 2017.
The ruling marks a significant win for OpenAI as the AI firm continues expanding its business and exploring a potential public offering that could value the company at nearly $1 trillion.
Musk, however, said he plans to appeal the decision, arguing that the case was dismissed on procedural grounds rather than on its core merits.
The three-week trial featured testimony from several high-profile tech leaders, including Altman, Musk, and Satya Nadella.
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