-
Sam Altman seeking funding from Middle East investors as skeptics question OpenAI’s financial and viability as a business
Read more: Sam Altman seeking funding from Middle East investors as skeptics question OpenAI’s financial and viability as a businessAs the skeptics of OpenAI’s financials and viability as a business appears to mount, Sam Altman reportedly headed to the Middle East seeking at least $50 billion in additional funding, as reported by Bloomberg. The funding round would value OpenAI at $750 billion to $830 billion. This comes as OpenAI has been barraged by skeptics…
-
OpenAI enlists 78 attorneys in its defense in MDL Litigation
Read more: OpenAI enlists 78 attorneys in its defense in MDL LitigationOpenAI is sparing no expense to mount its defense against the more than dozen copyright lawsuits OpenAI faces in the Multi District Litigation before Judge Stein. By my count, OpenAI has 78 attorneys now who are appearing in the case. The legal fees alone must be in at least the tens of millions, I’d expect.…
-
George Noble, ex-Fidelity manager and now financial bubble siren, says “OPENAI IS FALLING APART IN REAL TIME”
Read more: George Noble, ex-Fidelity manager and now financial bubble siren, says “OPENAI IS FALLING APART IN REAL TIME”George Noble, the former Fidelity manager of its highly successful Overseas Fund and now vocal siren of financial bubbles, has a new target for his bubble skepticism: OpenAI. In a viral X post that has generated nearly 2 million views in less than 24 hours, Noble wrote: OPENAI IS FALLING APART IN REAL TIME I’ve…
-
How OpenAI may face a Day of Reckoning in the tort lawsuit filed by Elon Musk. Copyright suits v. OpenAI take a backseat.
Read more: How OpenAI may face a Day of Reckoning in the tort lawsuit filed by Elon Musk. Copyright suits v. OpenAI take a backseat.The Trial of the Century will be on April 27, 2026, at 8 am sharp. In a federal courthouse in Oakland, jury selection in Elon Musk v. Sam Altman will start after a breakfast ordered by Judge Yvonne Gonzalez Rogers. Few legal experts expected this lawsuit would get this far, apparently out of skepticism of…
-
2023 email: Sam Altman called Elon Musk his “hero,” but said he was “hurt” by Musk’s then-criticism of OpenAI
Read more: 2023 email: Sam Altman called Elon Musk his “hero,” but said he was “hurt” by Musk’s then-criticism of OpenAIWow, the exhibits in the Elon Musk v. Sam Altman lawsuit are revealing. The trial in April will be the Trial of the Century. In 2023, here’s an email thread between Musk and Altman in which Altman called Musk his “hero.” But Altman was “hurt” by Musk’s then-attacks on OpenAI. Musk replies: “I hear you…
-
The email from Elon Musk on behalf of OpenAI to Jensen Huang that made history
Read more: The email from Elon Musk on behalf of OpenAI to Jensen Huang that made historyBack in 2016, Elon Musk emailed NVIDIA CEO Jensen Huang to acquire NVIDIA’s new DGX-1 AI supercomputer. Musk was funding and providing guidance to the OpenAI lab when it was a nonprofit. This email was a part of the exhibits in the lawsuit Musk filed against OpenAI, Sam Altman, and Greg Brockman for fraud and…
-
Juicy details from Greg Brockman’s deposition: Becoming a billionaire was a motivation. Elon Musk was an early major donor.
Read more: Juicy details from Greg Brockman’s deposition: Becoming a billionaire was a motivation. Elon Musk was an early major donor.The unsealed exhibits in Musk v. Altman have been filed. Perhaps none more juicy than information and testimony from Greg Brockman, the co-founder of OpenAI, including from his contemporaneous journal entries during the pivotal time period By the way, another realization from this is that it would be wrong to steal the nonprofit from him…
-
Are diary entries of Greg Brockman for OpenAI Elon Musk’s best evidence in case v. OpenAI?
Read more: Are diary entries of Greg Brockman for OpenAI Elon Musk’s best evidence in case v. OpenAI?OpenAI co-founder Greg Brockman kept notes — what Elon Musk calls a diary — of Brockman’s thoughts regarding Elon Musk and his funding of OpenAI. Although Brockman’s diary is under seal, parts of them were quoted by Judge Gonzalez Rogers in her denial of OpenAI’s motion for summary judgment. From the Judge’s denial of OpenAI’s…
-
OpenAI Letter to banks and investors: Elon Musk’s lawsuit case worth no more than $38 million, amount of Musk’s donation. Musk seeks up to $109.43 billion, plus punitive damages in Trial of the Century v. OpenAI.
Read more: OpenAI Letter to banks and investors: Elon Musk’s lawsuit case worth no more than $38 million, amount of Musk’s donation. Musk seeks up to $109.43 billion, plus punitive damages in Trial of the Century v. OpenAI.According to CNBC, OpenAI has told banks and investors that Elon Musk’s lawsuit v. OpenAI and Sam Altman has a risk exposure of only $38 million, the amount Musk donated to start OpenAI. But, in a recent filing on the remedies sought in the lawsuit, Musk is seeking upwards of $109.43 billion, plus punitive damages…
-
The Trial of the Century: Elon Musk seeks disgorgement of $65.50B to $109.43B from OpenAI, $13.30B to $25.06B from Microsoft, plus punitive damages and injunctive relief. No amount (yet) specified v. Sam Altman and Greg Brockman personally. Unclear whether an injunction can stop OpenAI’s for-profit conversion.
Read more: The Trial of the Century: Elon Musk seeks disgorgement of $65.50B to $109.43B from OpenAI, $13.30B to $25.06B from Microsoft, plus punitive damages and injunctive relief. No amount (yet) specified v. Sam Altman and Greg Brockman personally. Unclear whether an injunction can stop OpenAI’s for-profit conversion.Elon Musk filed his notice of remedies sought from OpenAI and Microsoft in the upcoming April 2026 trial. Should he prevail in Elon Musk v. Sam Altman for alleged fraud in creating OpenAI in part with Musk’s money, Musk seeks an award of damages in the tens of billions. Based on Elon Musk’s economist expert…