Tags: philanthropy

In a California courtroom, Elon Musk spent hours recounting his life story and positioning his business ventures as safeguards for humanity. Testifying against OpenAI co‑founder Sam Altman, Musk argued that artificial intelligence could either usher in a utopian future or trigger catastrophic ruin, and that his companies—from SpaceX to Tesla—were built to protect the species. The testimony, which painted Altman as a charitable thief, underscored Musk’s broader narrative that his entrepreneurial pursuits are driven by existential concerns rather than profit. Read more

The nonprofit that controls OpenAI, now called the OpenAI Foundation, announced a plan to invest at least $1 billion in its four new program areas—life sciences, jobs and economic impact, AI resilience, and community initiatives. The commitment is described as the first tranche of a larger $25 billion pledge linked to the foundation’s equity stake following the 2023 recapitalisation that valued the for‑profit arm at roughly $130 billion. New senior hires will lead the expanded grantmaking effort, marking a dramatic shift from a $7.6 million grantmaker in 2024 to a major philanthropic player. Read more