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Elon Musk amends OpenAI lawsuit, directs potential $150 billion damages to nonprofit arm

Elon Musk amends OpenAI lawsuit, directs potential $150 billion damages to nonprofit arm Engadget
Elon Musk filed a motion on Tuesday to amend his 2024 lawsuit against OpenAI, specifying that any award of up to $150 billion in damages would be paid to the organization’s nonprofit entity rather than to him personally. The amendment also seeks the removal of OpenAI CEO Sam Altman from the nonprofit’s board if the court rules in Musk’s favor. Musk argues that OpenAI’s shift to a capped‑profit model turned the lab into a de facto subsidiary of Microsoft, violating donor agreements and defrauding the founding group. Read more →