Elon Musk accused of making up math to squeeze $134B from OpenAI, Microsoft
Ars Technica • • business
Key Points:
- Elon Musk is seeking between $79 billion and $134 billion in damages from OpenAI and Microsoft, alleging OpenAI abandoned its nonprofit mission and misled him as an early investor.
- Musk’s damages estimate relies on expert C. Paul Wazzan, who attributed 50-75% of OpenAI’s current value to Musk’s early contributions, using unconventional and disputed calculations.
- OpenAI and Microsoft have challenged Wazzan’s methodology as unreliable and mathematically flawed, arguing it ignores contributions from other founders, investors, and key personnel, and is based on hypothetical deals that never materialized.
- The defendants claim Musk’s lawsuit is a harassment tactic to stall competition from his rival AI company, xAI, and criticize the
%3Amax_bytes(150000)%3Astrip_icc()%2FFoods-You-Should-Buy-Every-Week-if-Youre-Taking-Ozempic-7bc85d310f074e0bacd33383c26fa41c.jpg?format=webp&w=1280)