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OpenAI, Altman sued by Musk for alleged unjust enrichment in handling of non-profit status

( August 5, 2024, 17:29 GMT | Official Statement) -- MLex Summary: OpenAI and its chief executive, Sam Altman, were sued by Elon Musk in US district court in California. Musk alleged Altman secured investments from him by pitching OpenAI as a non-profit that would create safer artificial intelligence. "In partnership with Microsoft, Altman established an opaque web of for-profit OpenAI affiliates, engaged in rampant self-dealing, seized OpenAI, Inc.’s Board, and systematically drained the non-profit of its valuable technology and personnel," Musk said. Seeking divestment of "ill-gotten gains," Musk alleged multiple violations including unjust enrichment, fraud, federal civil RICO and more.See complaint below....

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