Corporate Law
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Elon Musk loses court battle against Sam Altman & OpenAI
A California jury has ruled against Elon Musk in his legal dispute with OpenAI and Sam Altman. Musk's claim that OpenAI breached its commitment to remaining a nonprofit organization was rejected by the court.
What you need to know as Elon Musk's lawsuit against Sam Altman begins
Jury selection is set to begin in the lawsuit filed by Elon Musk against Sam Altman and OpenAI, alleging fraud in the company's reorganization into a for-profit entity. The trial could significantly impact the artificial intelligence industry, with Musk seeking to revert OpenAI to its original nonprofit structure and demanding significant financial damages. Legal experts suggest undoing the reorganization is unlikely, but the jury's decision on fraud allegations could lead to substantial monetary penalties or leadership changes.
Elon Musk wants any damages from his OpenAI lawsuit given to the AI company's nonprofit arm
Elon Musk has amended his lawsuit against OpenAI, seeking that any damages awarded go to the AI company's nonprofit arm rather than himself. He is also pursuing the removal of CEO Sam Altman from the nonprofit's board. Musk's original suit, filed in 2024, claimed OpenAI defrauded him as a donor by transitioning to a for-profit model and becoming a de facto subsidiary of Microsoft.
Judge Forces Krafton to Reinstate Subnautica 2 CEO After AI Scheme
A Delaware judge has ordered Krafton to reinstate Ted Gill as CEO of Unknown Worlds and grant him control over Subnautica 2's release plans. The ruling criticizes Krafton's alleged use of ChatGPT to devise strategies for avoiding a $250 million bonus payment to Unknown Worlds. This decision is seen as a significant victory for indie developers facing publisher disputes.
