Elon Musk Seeks Up to $134 Billion in Fraud Lawsuit Against OpenAI and Microsoft
34 minutes agoBusiness
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9 SourcesOakland, California, United States
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Elon Musk Seeks Up to $134 Billion in Fraud Lawsuit Against OpenAI and Microsoft

Elon Musk is seeking $79 billion to $134 billion in damages from OpenAI and Microsoft, alleging fraud for abandoning OpenAI's original nonprofit mission and partnering with Microsoft. Musk's lawsuit claims he is entitled to a share of OpenAI's $500 billion valuation based on his $38 million seed investment and contributions when co-founding the company in 2015. OpenAI and Microsoft deny the allegations, calling the lawsuit baseless and part of ongoing harassment. A jury trial is scheduled for late April in Oakland, California.

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