Live updates from Elon Musk and Sam Altman’s court battle over the future of OpenAI See all Stories Posted Apr 28, 2026 at 4:39 PM UTC E Elizabeth Lopatto Sam Altman’s “related party conflicted transactions” are how he made money on OpenAI, Molo says. …
… The donation was to OpenAI, as agreed in the stipulated facts, and in conflict to what Musk testified today. Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates. …
… Other groups and experts plan to follow the trial because of its potential to conflict with decisions by the attorneys general of Delaware and California, each of which have regulatory authority over OpenAI’s nonprofit. …
… Altman remained as chairman of Oklo following the merger 65 until stepping down in April 2025 to "avoid conflict of interest" 66 and "open up opportunities for future deals between OpenAI and Oklo." 67 OpenAI edit OpenAI begins edit OpenAI was initially founded as a nonprofit organization by Altman… …
… 219 In 2018, Musk left the OpenAI board. 220 Since 2018, OpenAI has made significant advances in machine learning. 221 In July 2023, Musk launched the artificial intelligence company xAI , which aims to develop a generative AI program that competes with existing offerings like OpenAI's ChatGPT . …
… Altman writes that his “current thought” is that he won’t take any equity in OpenAI. He goes on to say, “I’m not doing this for the money anyway, and I like the idea of being completely unconflicted and just focused on the best outcome for the world. …