Altman details Musk's OpenAI fallout, says nonprofit was 'left for dead'
Summary
This article covers testimony from OpenAI CEO Sam Altman in a lawsuit brought by Elon Musk over OpenAI's conversion from a nonprofit to a for-profit structure. Altman argued that Musk abandoned the company rather than Altman stealing it, testifying that negotiations between the co-founders in 2017-2018 over corporate structure collapsed and Musk left OpenAI's board in February 2018. The dispute centers on whether Altman and other executives broke promises to keep OpenAI as a nonprofit and use Musk's roughly $38 million donation only for charitable purposes.
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Original source: https://www.cnbc.com/2026/05/13/altman-musk-trial-testimony-takeaways.html
First tracked: May 13, 2026 at 02:00 PM
Classified by LLM (prompt v3) · confidence: 75%