Hasty Briefsbeta

Elon Musk accused of making up math to squeeze $134B from OpenAI, Microsoft

20 days ago
  • #Elon Musk
  • #Lawsuit
  • #OpenAI
  • Elon Musk is seeking damages between $79 billion and $134 billion from OpenAI and Microsoft.
  • Musk hired expert C. Paul Wazzan, who estimated his contributions generated 50-75% of OpenAI's current value.
  • Wazzan's analysis considered Musk's financial contributions, proposed equity stake, current xAI stake, and nonmonetary contributions.
  • OpenAI and Microsoft filed a motion to exclude Wazzan's opinions, calling his calculations 'made up' and prejudicial.
  • OpenAI argues Wazzan's math relies on an unrealized 2017 deal where Musk sought 51.2% control of a for-profit entity.