( April 21, 2026, 14:56 GMT | Official Statement) -- MLex Summary: Elon Musk has agreed to drop two fraud claims against OpenAI in his fast-approaching trial against the company and Microsoft over OpenAI's for-profit conversion. In a pair of court filings, Musk also answered a concern by US District Judge Yvonne Gonzalez Rogers that he would use the trial to enrich himself, saying he "will not seek an award for himself, xAI, or any fund that he controls as to his claims set for trial. Plaintiff's preference would be that any award be entered in favor of the OpenAI charity directly, and he irrevocably commits to that remedy if it is available."See attached documents....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.