Elon Musk is facing a legal challenge over the way damages were calculated in his investment dispute with OpenAI. A financial economist, Dr. Wazzan, was hired to determine how much Musk should receive after contributing $38 million, roughly 60 percent of OpenAI's seed funding. Musk’s filing claims Wazzan considered non‑monetary contributions such as recruiting staff and lending prestige. Microsoft, a major partner of OpenAI, argues that Wazzan’s math improperly doubled the value of the nonprofit arm, inflating Musk’s claim. The controversy centers on whether the calculations follow standard contractual and economic principles. Leia mais →

Elon Musk is pursuing a damages claim of between $79 billion and $134 billion against OpenAI and Microsoft, alleging the AI company breached its nonprofit mission and defrauded him. The figures come from expert witness C. Paul Wazzan, who based the calculation on Musk’s $38 million seed investment in OpenAI in 2015 and the company’s current $500 billion valuation. The lawsuit also targets Microsoft, which holds a 27% stake in OpenAI, for alleged wrongful gains ranging from $13.3 billion to $25.1 billion. Musk’s personal fortune is estimated at around $700 billion, and the case is set for trial in Oakland, California. Leia mais →