Tags: Oakland

Elon Musk took the stand Tuesday in a federal lawsuit accusing OpenAI of illegally converting from a nonprofit to a for‑profit venture. Speaking before a jury in Oakland, the SpaceX and X CEO warned that allowing the transition could set a precedent that threatens charitable organizations nationwide. OpenAI’s chief executive Sam Altman has been present but has not yet testified. The case, which centers on Musk’s $38 million early investment and the company’s 2019 restructuring, could reshape how AI firms are governed and regulated. Read more

Jury selection started Monday in the U.S. District Court for the Northern District of California, marking the opening of a four‑week trial that pits Elon Musk against OpenAI CEO Sam Altman. Musk alleges the nonprofit he helped launch was fraudulently converted into a for‑profit entity, seeking $150 billion in damages and the removal of Altman. OpenAI counters that Musk was aware of the transition and left the board voluntarily. The case, overseen by Judge Yvonne Gonzalez Rogers, could reshape the company’s future and its planned IPO. Read more