The Girls Are Fighting, AI Edition |
Elon Musk and Sam Altman are set to square off in court over OpenAI’s mission.
In his lawsuit, Musk accuses Altman of illegally transforming OpenAI from a nonprofit into a massive for-profit organization—one that is expected to go public as early as this summer at a valuation of nearly $1 trillion.
Here’s the messy backstory: The week after Musk sued OpenAI in 2024, the company claimed that its founders realized early in its development that it needed to raise money to obtain enough computing power and other resources to build its AI. To acquire investors, it first had to become a for-profit company. The nonprofit—now called the OpenAI Foundation—created the for-profit OpenAI as a subsidiary. OpenAI claimed in December 2024 that, back in 2017, Musk agreed that a for-profit move was necessary, but wanted “absolute control” as sole CEO—and a merger with Tesla. Following a reported power struggle with Altman to take control of OpenAI in 2018, Musk left the........