Part of a lawsuit accusing OpenAI of abandoning its non-profit status claims Musk is owed anywhere from $79 billion to $134 billion in damages for the “wrongful gains” of OpenAI and Microsoft.<br /> Musk claims in the filing that he’s entitled to a chunk of the company’s recent $500 billion valuation, after contributing $38 million in “seed funding” during the AI company’s early years. It wasn’t just money — according to the filing, Musk helped advise on key employee recruitment, introductions with business contacts and startup advice.<br /> If this sounds familiar, it’s because the lawsuit dates back to March 2024. It’s still going.<br /> — Mat Smith<br /> The other big stories (and deals) this morning<br /> <br /> ASUS changes m [...]
Microsoft and OpenAI on Monday announced a sweeping overhaul of the partnership that has defined the commercial AI era, dismantling key pillars of exclusivity and revenue-sharing that bound the two co [...]
In a few short days, jury selection will begin in the long-awaited Musk v. Altman case. At the end of that process, an Oakland federal court will task nine regular people with deciding if OpenAI defra [...]
We now have some idea of what's at stake in the longstanding feud between Elon Musk and OpenAI. As first reported by Bloomberg, the latest filing, as part of a lawsuit that accuses the AI giant o [...]
Microsoft today announced the general availability of Agent 365 and Microsoft 365 Enterprise 7, two products designed to bring security and governance to the rapidly growing population of AI agents op [...]
Microsoft on Wednesday launched three new foundational AI models it built entirely in-house — a state-of-the-art speech transcription system, a voice generation engine, and an upgraded image creator [...]
The feud between Elon Musk and OpenAI is getting even more contentious as the two sides get ready for trial later this month. The latest development in the legal back-and-forth saw OpenAI accuse Elon [...]
If you thought Anthropic was about to run away with the enterprise AI business...you're not totally off the mark, actually.This morning, Microsoft announced "Copilot Cowork" a new cloud [...]