- US0%
BlockBeats News, May 19th, a US jury has dismissed Musk's $150 billion lawsuit against OpenAI. The jury took less than two hours to determine that the lawsuit exceeded the statute of limitations, and the judge subsequently officially dismissed the case. This victory is seen as a key obstacle to OpenAI's IPO. Reports indicate that OpenAI could have initiated its IPO as early as this year, with the company currently valued at $730 billion.
However, OpenAI still faces multiple challenges, including fierce competition from AI giants such as Anthropic and Google, as well as significant risks of copyright infringement, errors leading to fatalities, and other related lawsuits. Musk's side has also stated that they will continue to appeal.
The lawsuit was initially filed in 2024, with Musk alleging that OpenAI CEO Sam Altman and others violated the original intent of OpenAI by prioritizing commercial interests over the public good. Musk co-founded OpenAI in 2015 and later left the company due to power struggles.
Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.
- CoinsPrice24H Change