Elon Musk loses court battle against Sam Altman and OpenAI after 3-week trial
Key takeaways
- Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
- The jury found that Musk's claims were filed outside of the statute of limitations, deciding that Musk had three years to sue and he did not file on time.
- "There's a substantial amount of evidence to support the jury's finding," the judge said in wrapping up the three-week trial in Oakland, California.
Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
After less than two hours of deliberations, a jury on Monday rejected Elon Musk's claims against Open AI CEO Sam Altman, ending a dramatic chapter in the bitter rivalry between the two tech billionaires, who were once close friends.
The court, led by U.S. District Judge Yvonne Gonzalez Rogers, agreed with the advisory jury's determination that Altman and OpenAI were not liable, and that "claims of breach of charitable trust and unjust enrichment are dismissed as untimely." Gonzales Rogers said she was prepared to dismiss Musk's claims "on the spot."