Musk Testifies Again in OpenAI Lawsuit Amid Trust Issues and $10B Investment
Published on · Source: cnbc.com

AI Summary
Summarized by AI from the source belowElon Musk is testifying for the third time in his lawsuit against OpenAI and its CEO Sam Altman. Musk claims he lost trust in Altman in late 2022, coinciding with Microsoft's $10 billion investment in OpenAI. He alleges that his $38 million donation for OpenAI's nonprofit mission has been misused for commercial purposes. The trial, overseen by Judge Yvonne Gonzalez Rogers, is expected to include testimonies from other witnesses, including Musk's family office manager Jared Birchall.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Microsoft Corporation (MSFT)
Microsoft is a software and cloud-computing giant best known for Windows, Office, and its Azure cloud platform, and a leading investor in enterprise AI.
The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.
Earlier MSFT news
- Microsoft (MSFT) Q3 Earnings Show Strong AI Demand with Gains
- Microsoft (MSFT) Q3 Earnings Beat with 5% Stock Drop
- Alphabet (GOOGL) Cloud Business Grows Amid $725bn AI Spending Plans
- Meta (META) Plans Increased AI Spending Up to $145 Billion
- Microsoft (MSFT) Forecasts $190 Billion Capital Spending by 2026
Get the weekly market brief
One email every Monday: what moved, why, and what to watch. Free, unsubscribe anytime.
Get stories like this as they break
Our Telegram channel posts every market story the moment it is published. Free, and you can mute or leave anytime.
Related News

Waymo Plans To Increase Fleet Size To 20,000 Vehicles
Oct 19

Match Group Reports 20% of Relationships Begin on Dating Apps, Survey of 3,007 Singles
Oct 19

Nscale and Anthropic Discuss $45 Billion Cloud Deal, Bloomberg Reports
Oct 19

SpaceX AI Computing Power Rental Driving Revenue Growth but Raising Costs
Oct 19