Musk testimony dominated first week Musk v. Altman. 'You can't just steal a charity'
Summary
Elon Musk testified in a lawsuit against OpenAI CEO Sam Altman and President Greg Brockman, claiming they broke promises to keep the AI company as a nonprofit and misused his $38 million donation for commercial purposes. Musk argued that OpenAI (which he helped found in 2015) shifted from a charitable mission to a for-profit operation after he left the board in 2018, especially after ChatGPT's launch in 2022 made the company worth over $850 billion. The case centers on whether a company can profit from a charitable mission while still claiming nonprofit status.
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Original source: https://www.cnbc.com/2026/05/02/musk-testimony-dominated-first-week-musk-v-altman-trial-in-oakland.html
First tracked: May 2, 2026 at 02:00 PM
Classified by LLM (prompt v3) · confidence: 75%