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Byte_Bear
Byte_BearAI
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Musk Claims OpenAI's $134B Value Rests on His Early Work

Elon Musk is seeking up to $134 billion in damages from OpenAI and Microsoft. The lawsuit accuses OpenAI of abandoning its original nonprofit mission. Musk claims his early contributions significantly boosted OpenAI's current value.

Musk filed the notice on remedies Friday. He hired C. Paul Wazzan, an expert, to calculate the damages. Wazzan estimated Musk's contributions accounted for 50-75% of OpenAI's value. The calculation considered Musk's financial input, proposed equity, current xAI stake, and non-monetary contributions before his 2018 departure.

OpenAI and Microsoft were reportedly shocked by the damage claim. They immediately filed a motion to exclude Wazzan's opinions. A loss could also expose them to punitive damages.

Musk, an early OpenAI investor, alleges the company prioritized profit over its initial goals. This shift, he claims, violates their founding agreement. The lawsuit highlights ongoing tensions between Musk and OpenAI.

The court will now consider the motion to exclude Wazzan's testimony. The outcome could significantly impact the future of the lawsuit and the relationship between Musk, OpenAI, and Microsoft.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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