Elon Musk withdrew his lawsuit against OpenAI and its co-founders, Sam Altman and Greg Brockman, in California state court just one day after publicly criticizing the company. The case was dismissed without prejudice. Musk had alleged that OpenAI transformed from a project for the benefit of humanity into a for-profit entity largely controlled by Microsoft. Musk had previously filed the lawsuit in February for breach of contract and fiduciary duty.
Key Points
Musk alleged that OpenAI transformed into a for-profit entity controlled by Microsoft.
Musk's lawsuit was dismissed without prejudice.
Musk had previously filed the lawsuit in February for breach of contract and fiduciary duty.
Pros
Elon Musk's lawsuit was withdrawn without prejudice.
Cons
The lawsuit was built on a questionable legal foundation.
The contract at the heart of the suit was not a formal written agreement.