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Part of a lawsuit accusing OpenAI of abandoning its non-profit status claims Musk is owed anywhere from $79 billion to $134 billion in damages for the "wrongful gains" of OpenAI and Microsoft.
Musk claims in the filing that he's entitled to a chunk of the company's recent $500 billion valuation, after contributing $38 million in "seed funding" during the AI company's early years. It wasn't just money — according to the filing, Musk helped advise on key employee recruitment, introductions with business contacts and startup advice.
If this sounds familiar, it's because the lawsuit dates back to March 2024. It's still going.
— Mat Smith
The other big stories (and deals) this morning
ASUS changes mind, will continue selling the RTX 5070 Ti after all
Musk claims Tesla will restart work on its Dojo supercomputer
Microsoft issues emergency fix after update stops some Windows 11 devices from shutting down
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Canada has agreed to drastically reduce its tariffs on imported Chinese EVs from 100 percent to 6.1 percent as part of a new deal between the two countries. In return, China will be reducing tariffs on Canadian canola seeds from 84 percent to about 15 percent.
The move is a break from the United States, which maintains a 100 percent tariff on EVs from China, effectively banning them in the country. Mexico currently tariffs the vehicles at 50 percent after increasing its rate last year.
Under the agreement, which Canadian Prime Minister Mark Carney called "preliminary," Canada will allow up to 49,000 Chinese EVs into the country, with that number rising to 70,000 after five years. Until now the three major North American trading partners had been aligned in trying to protect their domestic electric vehicle manufacturing. Chinese EV companies benefit from state subsidies, and as such can often be priced at a far better value than domestic alternatives.
"Our relationship has progressed in recent months with China. It is more predictable and you see results coming from that," Carney said to reporters. A warmer relationship may be forming in response to the Trump administration's
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