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OpenAI Stakeholder’s $30B Betrayal?

Is Greg Brockman a billionaire visionary or just another tech mogul? The jury is out.

Two days before the Musk v. Altman trial kicked off, Elon Musk pressed OpenAI's cofounder and president, Greg Brockman, to back down from his lawsuit. Instead of settling, Musk upped the ante, warning that both Brockman and Sam Altman would become America’s most hated men if they didn't comply.


In court on Monday, Brockman revealed an equity stake at OpenAI valued at over $20 billion, soaring to perhaps $30 billion. Despite his initial pledge to donate $100,000 when the company was founded, he never followed through. His contributions include donating millions to pro-Trump super PACs and political spending tied to creating AI for the benefit of humanity.


Musk’s attorney accused Brockman and Altman of looting OpenAI's original nonprofit, funded by Musk himself. Yet, Brockman testified that his financial interests remain secondary to the company's nonprofit mission. His stake could be worth much more if OpenAI goes public in the next two years.


Brockman faced tough questioning, including why he didn't donate $29 billion back to the nonprofit. He defended himself by saying blood, sweat and tears had been poured into building OpenAI since Musk left. Meanwhile, Altman sat dejectedly in the public gallery as his wife fidgeted with a KN95 face mask.

Original source:  https://www.wired.com/story/greg-brockman-testifies-musk-v-altman-trial/
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