Sam Altman Details Failed Negotiations with Elon Musk Over OpenAI Control, Lawsuit Set for April 27

Gate News message, April 22 — Sam Altman has detailed the failed negotiations with Elon Musk over OpenAI’s governance structure in an appearance on the Core Memory podcast. Altman described how four core members—himself, Greg Brockman, Ilya Sutskever, and Musk—initially agreed that OpenAI needed to transition to a for-profit structure.

Negotiations progressed through several stages of compromise. Musk first demanded a majority stake, which the group accepted. He then requested the CEO position to “let everyone know he’s in charge,” and they agreed to that as well. However, the talks collapsed when Musk demanded “absolute control over OpenAI.” Altman stated his position on the matter: “There should not be one person controlling the entire future, no matter who that person is.”

Altman called this account a version “never publicly discussed in years,” adding that the upcoming litigation “left us with no choice” but to reveal these details. He views the trial as an opportunity to “tell the story” clearly, while expressing concern that Musk might withdraw the lawsuit before trial, which would prevent them from presenting their account. The case is scheduled for trial on April 27, with Musk seeking damages between $79 billion and $134 billion.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

OpenClaw, Hermes, and SillyTavern Confirmed in GLM Coding Plan Support

Zhipu AI PM Li announces OpenClaw, Hermes, and SillyTavern as supported GLM Coding Plan projects; other tools will be evaluated case-by-case. Do not share credentials or use subscriptions as API access; contact support for error 1313. Zhipu AI product manager Li announced that OpenClaw, Hermes, and SillyTavern are officially supported under the GLM Coding Plan, with other tools evaluated case-by-case. The note cautions against sharing credentials or using subscriptions as API access and directs users with error 1313 to contact support.

GateNews3m ago

Google Cloud CEO: Gemini to Power Apple's Personalized Siri Rollout in 2026

Summary: Gemini will power a personalized Apple Siri in 2026, built on Apple's Foundation Models and Gemini collaboration; Apple tests a chat-like Siri in iOS 27/macOS 27, slated for WWDC 2026. Abstract: Google Cloud's Gemini is set to power a personalized Apple Siri by 2026, blending Gemini with Apple's Foundation Models under a roughly $1 billion collaboration. Apple is testing a redesigned, chat-like Siri in iOS 27/macOS 27, with a Dynamic Island interface and new features, ahead of a WWDC 2026 unveiling on June 8.

GateNews34m ago

SpaceX-Cursor $60B Deal Provides Fresh Evidence for SBF's Pardon Arguments

Abstract SpaceX announces a $60 billion Cursor partnership with an option to acquire, shaping SBF’s pardon bid as Alameda’s early Cursor stake would be worth about $3 billion today. The piece weighs SBF’s insolvency claims, parental campaigning, creditor objections, and the slim pardon odds. Summary SpaceX-Cursor deal fuels SBF pardon bid; Alameda’s $200k stake would be ~ $3B today (15,000x). SBF argues FTX insolvency; markets show low pardon odds; Trump unlikely to pardon.

GateNews41m ago

Chegg Stock Crashes 99% as AI Disrupts Edtech Market

Summary: Chegg soared during online-education demand, then AI tools disrupted its model, triggering massive layoffs and a collapse below $2, with broader AI-driven shifts hitting crypto miners and fintech firms. Abstract: This article examines Chegg's rise as a pandemic-era edtech darling and its ensuing decline amid the rapid adoption of generative AI, which provides quick answers and undercuts Chegg's value proposition. It documents 2025 layoffs and the stock's plunge toward delisting, and frames Chegg's experience within a broader AI disruption reshaping tech and crypto: Bitcoin miners pivot to AI operations, and AI-native strategies redefine competitiveness in fintech and beyond.

CryptoFrontier51m ago

OpenAI Releases Open-Source Privacy Filter Model for PII Detection and Redaction

Abstract: OpenAI's Privacy Filter is an open-source, locally executable model that detects and redacts PII in text. It supports large contexts, identifies many PII categories, and is intended for privacy-preserving workflows such as data preparation, indexing, logging, and moderation. OpenAI's Privacy Filter is a locally run, open-source model (128k-token context) that detects and redacts PII in text, covering contact, financial, and credential data for privacy workflows.

GateNews1h ago

OpenAI Plans to Deploy 30GW Computing Power by 2030

OpenAI aims for 30GW of computing by 2030 to meet rising AI demands, with 8GW completed of a 10GW 2025 target. The expansion signals a strategy to scale infrastructure for next-generation AI development and deployment. OpenAI intends to reach 30GW of computing power by 2030 to accommodate growing AI demands, having already completed 8GW of a 10GW target for 2025. The move reflects a strategic expansion of infrastructure to support next-generation AI development and deployment.

GateNews1h ago
Comment
0/400
No comments