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$134 billion, with more to come.
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We now have some idea of what's at stake in the longstanding feud between Elon Musk and OpenAI. As first reported by Bloomberg, the latest filing, as part of a lawsuit that accuses the AI giant of abandoning its non-profit status, claims that Musk is owed anywhere between $79 billion and $134 billion in damages from the "wrongful gains" of OpenAI and Microsoft.
Musk claimed in the filing that he's entitled to a portion of OpenAI's recent valuation at $500 billion, after contributing $38 million in "seed funding" during the AI company's startup years. Along with providing "roughly 60 percent of the nonprofit's seed funding," Musk offered recruiting of key employees, introductions with business contacts and startup advice, according to the filing. The monetary estimate comes from C. Paul Wazzan, a financial economist who's serving as Musk's expert in the case. According to Wazzan's calculations, OpenAI earned between $65.5 billion and $109.43 billion in wrongful gains, while Microsoft saw between $13.3 billion and $25.06 billion.
The lawsuit between Elon Musk and OpenAI dates back to March 2024, when the xAI CEO first filed a legal action claiming that OpenAI violated its non-profit status. Musk later added Microsoft as
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Apple today announced that 2025 was a "record-breaking year" for many of its services, including the App Store, Apple Music, Apple TV, and Apple Podcasts.
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Loose cannon, always-looking-for-attention Elon Musk has again thrust himself into the public eye, this time by suing OpenAI and CEO Sam Altman for breaching its founding agreement by turning the company away from its non-profit roots and cashing in on the billions of dollars available in the generative AI (genAI) gold rush.
At stake in the suit is Microsoft's $13 billion investment in the company. Musk claims that OpenAI was originally founded to share its wares with the world by open sourcing its technologies, something it abandoned thanks to the relationship with Microsoft.
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(Mike Blake, Reuters)Microsoft Corp (MSFT.O) is buying "Call of Duty" maker Activision Blizzard (ATVI.O) for $68.7 billion in the biggest gaming industry deal in history as global technology giants stake their claims to a virtual future.
The deal announced by Microsoft on Tuesday, its biggest-ever and set to be the largest all-cash acquisition on record, will bolster
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