The Headline
Musk testifies in OpenAI trial, criticizes actions
Key Facts
- Elon Musk, cofounder of OpenAI, testified that he was a “fool” for offering $38 million in funding, claiming he provided “essentially free funding to create what would become an $800 billion company.”

- Musk criticized OpenAI for trying to “have its cake and eat it too” by initially launching as a nonprofit for “moral high ground” before switching to a for-profit model.

- Musk’s lawsuit against OpenAI simplifies to him stating “it’s not OK to steal a charity.”

- Musk is demanding $150 billion in damages to be paid to OpenAI’s charitable arm, along with the resignation of co-founders Sam Altman and Greg Brockman.

- A judge dismissed Musk’s fraud claims against Altman and OpenAI but allowed accusations of breach of charitable trust and unjust enrichment to proceed to trial.

