OpenAI and Microsoft have lost their final attempt to have Elon Musk’s lawsuit dismissed, Bloomberg reports. A federal judge in Oakland, California, rejected the companies’ motion to terminate the case and ruled that it should proceed to a jury trial. The trial is scheduled to begin in late April.
Musk alleges that OpenAI’s leadership, headed by Sam Altman, violated the startup’s founding mission as a public charity when it accepted billions of dollars in investment from Microsoft and began transforming into a commercial entity. Musk was one of OpenAI’s co-founders in 2015 and later founded his own artificial intelligence company, xAI, in 2023.
OpenAI has called Musk’s lawsuit baseless, saying it is part of a “long-running campaign of harassment.” The company emphasized that it remains focused on supporting the OpenAI Foundation, which it says is among the best-funded nonprofit organizations.
However, Judge Yvonne Gonzalez Rogers declined to dismiss Musk’s central claim that OpenAI breached its obligation to operate as a charitable organization. In her ruling, the judge noted that while the evidence is not definitive, Musk argues that his financial contribution was clearly intended as a charitable donation and was subject to two fundamental conditions: open-source development and the preservation of OpenAI’s nonprofit status. According to the judge, these conditions were consistent with OpenAI’s original charter and mission.
The court also ruled that the fact Musk donated $38 million through an intermediary does not deprive him of the right to demand compliance with those conditions. A different conclusion, the judge said, would significantly weaken oversight mechanisms for enforcing obligations of charitable trusts.
In addition, the judge allowed fraud claims to proceed. She cited internal correspondence from 2017 in which OpenAI co-founder Greg Brockman initially reaffirmed the company’s commitment to a nonprofit model but later acknowledged in a private note that public statements about such commitment may have been untrue.
Musk’s attorney, Marc Toberoff, said the ruling confirms the existence of substantial evidence that OpenAI’s leadership knowingly misled Musk about the company’s charitable mission in favor of personal enrichment.
The judge also stated that it is up to the jury to determine whether Microsoft helped OpenAI breach its obligations to donors, including Musk. At the same time, she dismissed claims of Microsoft’s “unjust enrichment,” noting the absence of any quasi-contractual relationship between Musk and the corporation.
The conflict between Musk and Altman, once partners, has continued since 2024. Musk’s xAI has become one of OpenAI’s main competitors, and last year Altman’s company rejected Musk’s surprise offer to acquire the nonprofit’s assets for $97.4 billion. Altman has described the lawsuit as an attempt to use the legal system to slow down a rival’s development.
Cryptocurrency exchange Binance will stop processing transactions with a number of crypto platforms targeted by the European Union’s latest package of sanctions against Russia. The company said in a statement. Binance may also impose restrictions on associated cryptocurrency wallets. “Due to recent changes in legislation, Binance will no longer process transactions involving certain crypto-asset service […]
Chinese autonomous driving developer Pony.ai and ride-hailing service Uber have signed a new agreement under which thousands of fully autonomous robotaxis are expected to hit European roads, Carscoops reports. For Pony.ai, the partnership provides a ready-made global platform for entering new markets, while Uber gains access to the Chinese developer’s autonomous driving technology. Pony.ai is […]
U.S. technology company Nvidia holds a stake in Elon Musk’s SpaceX worth approximately $21 billion, CNBC reports. The company owns a total of 122.8 million SpaceX shares as a result of its $10 billion investment in AI startup xAI in January this year, when xAI was still a separate business before its merger with SpaceX. […]
The administration of U.S. President Donald Trump has urged Apple not to purchase memory chips from Chinese manufacturers. The company is considering new suppliers amid a semiconductor shortage that has intensified as AI infrastructure rapidly expands. The Wall Street Journal reports, citing sources. U.S. Commerce Secretary Howard Lutnick said he had directly informed Apple of […]
Banks in countries of the Eurasian Economic Union are tightening the terms for handling Russian rubles amid a significant surplus of cash currency. The Moscow Times reports. Belarusian banks have introduced the strictest restrictions. In particular, Neo Bank Asia has imposed a 20% fee for depositing cash Russian rubles into individuals’ accounts. Other major Belarusian […]
Chinese chipmaker CXMT Corp. has overtaken technology giant Tencent in market value, becoming the most valuable Chinese company, Bloomberg reports. This is the latest indication of how the artificial intelligence boom is driving demand for shares of memory manufacturers and other semiconductor companies. On Thursday, shares of CXMT, which only debuted on the Shanghai Stock […]
U.S. company Haddy has developed the TF-179 unmanned surface vessel using large-format robotic 3D printing technology. The company’s press service reported this. The unmanned vessel was manufactured using digital production technology, which allows the design to be rapidly modified and accelerates the transition from concept to finished platform. “As demand for specialized maritime platforms grows, […]
In July, international partners contributed an additional €180 million to the Ukraine Energy Support Fund. The funds came from Sweden, Norway, Denmark and Iceland. The Ministry of Energy of Ukraine announced this. “The total amount of contributions is €180 million,” the ministry said. Through the Fund’s mechanism, contracts worth nearly €78.4 million were signed last […]
Компанія Samsung зняла з продажу серію телефонів Galaxy Note. Після резонансних подій на початку осені 2016-го року із займанням вказаної моделі на борту літаків, корпорація припинила виробництво і спробувала виправити дефект. Проте, неполадку так і не змогли усунути. Ті, хто вже встигли придбати оригінальний смартфон, мають можливість його повернути, отримавши натомість старішу модель телефону. А […]
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Генеральний прокурор Юрій Луценко провів 19 березня зустріч, на якій був присутній співзасновник «Нової пошти» В’ячеслав Климов. Про це він написав у своєму офіційному Facebook-акаунті. Також на зустрічі був присутній речник ГПУ Андрій Лисенко. Глава ГПУ в Facebook вказав, що обшуки, проведені в відділеннях, можна назвати «коректними» і, за словами Луценка, Климов погодився з цим. […]
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З 31 березня авіакомпанія SkyUp змінить базовий аеропорт і переїде з «Жулян» до Міжнародного аеропорту «Бориспіль». Наші літаки будуть базуватися в терміналі F Міжнародного аеропорту «Бориспіль», – йдеться в повідомленні авіаперевізника. При цьому в SkyUp відзначили, що перенесення рейсів буде виконуватися поступово, про що заздалегідь інформуватимуть пасажирів. Рейси виконуватимуться без істотних змін в розкладі. В […]
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In the second quarter of 2020, Ukraine’s gross external debt increased by $ 2.5 billion and amounted to $ 122.8 billion, according to the National Bank. In terms of GDP, debt increased to 78.8% from 75.1% at the end of the first quarter. At the beginning of the year the figure was 78.6%. “External debt […]
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Прем’єр-міністр Денис Шмигаль заявляє, що рада директорів МВФ розгляне питання про затвердження нової програми Stand-By на 5 млрд доларів для України 5 червня. Про це він сказав в інтерв’ю Reuters. За його словами, перший транш очікується на наступний день. Також прем’єр зазначив, що Україні потрібні кредити, щоб витримати економічний шок, викликаний пандемією коронавірусу. За попередньою […]
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Причиною відстрочки стала затримка будівництва Ocean Mall у Києві. Зараз у компанії розглядають “альтернативні опції”. Шведська компанія IKEA змушена скоригувати плани виходу на український ринок через затримку будівництва торгово-розважального центру Ocean Mall у Києві. “IKEA підтверджує своє прагнення змінювати на краще повсякденне життя українців, пропонуючи доступні товари і рішення для дому. З огляду на затримку […]
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Denmark has contributed an additional €10.66 million to the Ukraine Energy Support Fund, according to the press service of Ukraine’s Ministry of Energy. “Denmark has made an additional contribution of €10.66 million (DKK 80 million) to the Ukraine Energy Support Fund. As a result, the Kingdom’s total contribution to the Fund has reached €78.5 million,” […]
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Bad news for oil industry workers and suppliers: Royal Dutch Shell has joined the ranks of energy companies who are slashing their spending. Shell said it was scaling back its planned capital investment by $15 billion over the next three years. Oil is now trading around $45 per barrel, down from over $100 per barrel […]
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Apple has intensified work on its own search service, which will become a competitor to Google, writes the Financial Times, citing interlocutors in the mobile industry. One of the signs of this, the interlocutors called the fact that after updating the iOS operating system, Apple began to show its own search results and provide direct […]
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Companies Vir Biotechnology, Inc. and GlaxoSmithKline plc (GSK) announced the global extension to phase 3 of the COMET-ICE study, which evaluates the effectiveness of monoclonal antibodies – VIR-7831 for early treatment of COVID-19 in patients at high risk of hospitalization. VIR-7831 (also known as GSK4182136) is the fully human monoclonal antibody against SARS-CoV-2, selected for […]
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German automaker Volkswagen reported a net loss of €1.07 billion for the third quarter of this year, marking the company’s first quarterly loss in five years, DW reported. For the first nine months of 2025, VW Group’s net profit dropped by more than 60%, falling to €3.4 billion from €8.8 billion in the same period […]
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В сервіс Dazn прийшли гарні новини у вигляді 719-ти мільйонів доларів. Американський підприємець з радянським корінням підтримує стрімінговий сервіс, ще з 2016 року. Нагадуємо, що Dazn – це спортивний аналог Netflix. Його постійним вдосконаленням займається медіакомпанія Perform Group, найбільша компанія спортивних медіа, що базується у Великобританії та працює на різних цифрових платформах. Її власником є […]
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