Musk vs OpenAI: Trial Begins Over Charitable Trust

0:00It's April 25th. This is U.S. News Today, AI-powered stories from across the country. A federal judge in Oakland, California just dismissed Elon Musk's fraud claims against Open AI and Sam Altman, but the lawsuit marches on to trial. Over breach of charitable trust and unjust enrichment charges, Judge Ivan Gonzales Rogers handed down the ruling last Friday, April 24th. Jerry Selection starts Monday, with opening arguments set for Tuesday. Musk actually suggested dropping the fraud parts himself, saying it would sharpen the focus for jurors on Open AI sticking to its roots of helping, humanity instead of turning into a profit powerhouse. The core beef stems from Open AI shifting to a four-profit model back in 2019, right after Musk left the board with heavy backing from, Microsoft as a major investor. Open AI is lining up a massive initial public offering that could hit a $1 trillion valuation while Musk's gunning for $150 billion in damages all funneled to their charitable

1:05side. With trial underway, this tech showdowns just getting started.