MercoPress. South Atlantic News Agency

Musk loses USD 150 billion lawsuit against OpenAI and Sam Altman

A federal jury in Oakland, California, on Monday unanimously rejected the lawsuit that magnate Elon Musk had filed against OpenAI chief executive Sam Altman and the company's president, Greg Brockman, in which he sought USD 150 billion in damages and the reversal of the artificial intelligence firm's transformation into a for-profit entity. The verdict, reached by all nine jurors, found that the lawsuit is barred by the statute of limitations and amounts to a sharp setback for the founder of Tesla, who has already announced his intention to appeal to the Ninth Circuit Court of Appeals. Read full article