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OpenAI avoids costly court loss to Musk, but neither side unscathed
Financial Express Hyderabad
|May 20, 2026
AFTER PREVAILING IN its court fight with Elon Musk, OpenAI — the ChatGPT maker valued at $852 billion — remains on track for what could be one of the largest initial public offerings in history.
Musk had been seeking the ouster of his fellow OpenAI co-founder, CEO Sam Altman, among other changes to the company. But with testimony from witnesses who called Altman dishonest, he’s hardly emerged unscathed.
At a time of growing concern about artificial intelligence's impacts, the landmark trial also shed new light on the flaws and outsize ambitions of the small number of billionaires steering the development of the breakthrough technology.
‘The trial highlighted not just a dispute between Musk and Altman, but a broader disconnect between the people building these systems and many of the people increasingly expected to live and work alongside them,’ said Sarah Kreps, director of Cornell University’s Tech Policy Institute.
Dit verhaal komt uit de May 20, 2026-editie van Financial Express Hyderabad.
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