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Arguments Begin in Musk, Altman Showdown

A jury has been selected for the trial between OpenAI firm and Elon Musk, who claims the company abandoned its founding mission as a non-profit. Bloomberg Opinion columnist Dave Lee discusses the impact the case is having on OpenAI’s plans to go public. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like…

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A jury has been selected for the trial between OpenAI firm and Elon Musk, who claims the company abandoned its founding mission as a non-profit. Bloomberg Opinion columnist Dave Lee discusses the impact the case is having on OpenAI’s plans to go public. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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13 Comments

13 Comments

  1. @NoahPeters12

    April 28, 2026 at 2:06 pm

    The biggest losers here will be the investors who invested and bet on Open AI and also folks like Mira. The hubris of investors, the arrogance is what will cost them. A simple conversation with a reasonably intelligent software engineer would help you shed light that open source will catch up and eventually win out. It’ll become about hosting and server problems rather than AI. GPT 5.5 and Opus 4.7 may be the best out there right now, but it is a very thin gap from the Chinese open source models. Where’s your moat? Loyal GPT users?

  2. @Astrologer-itonics

    April 28, 2026 at 3:35 pm

    Sora Xor 1 000 000 000 % =>1$

  3. @wm6746

    April 28, 2026 at 4:18 pm

    If Elon wants it to be “non profit” why does he want 150 billion?😂😂😂😂😂

    • @billthecat7536

      April 28, 2026 at 4:44 pm

      Anything he might be awarded should he win, he will give back to OpenAI’s non-profit side of the business. Musk isn’t doing this for personal gain. He’s simply following his principles and the original direction of the company when he funded it.

    • @kkoff

      April 28, 2026 at 5:12 pm

      because he invested millions before openai blew up and sam altman deceived him. so this is damages that the deception caused. play stupid games sam and win stupid prizes

    • @deltaechomusicnh555

      April 28, 2026 at 5:57 pm

      Elon invested 100’s of millions into OpenAI and was lied to and mislead. He said the 150 billion will to charity if he wins.

    • @antoniusivan8767

      April 28, 2026 at 6:39 pm

      @billthecat7536 yeah, after founding another for-profit competitor. lol. What Elon Musk mission? money…

    • @wildaceds

      April 28, 2026 at 7:02 pm

      @deltaechomusicnh555Elon is a con artist himself. He says a lot that isnt true.

  4. @etcetc2478

    April 28, 2026 at 5:08 pm

    Elon was tricked this isn’t about money

  5. @manuelagerlach8673

    April 28, 2026 at 5:49 pm

    Thank you.

  6. @KristopherErtmer

    April 28, 2026 at 6:44 pm

    🍏
    TYPE KRIS ERTMER INTO YOUTUBE.

  7. @spacekrebel2331

    April 28, 2026 at 6:44 pm

    What a stupid take on actual events

  8. @Rainier_Azucena

    April 28, 2026 at 7:07 pm

    B.O. really is just slowing down OpenAI. If he really feels so strongly to making AI be non-profit, then he should not be charging users for using Grok.

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Bloomberg Technology

Jackson Hole, Anthropic’s Court Win and PayPal Deal Collapse | Bloomberg Tech 8/28/2026

Bloomberg’s Tim Stenovec zeroes in on Jackson Hole after Federal Reserve Chairman Kevin Warsh delivered his first address at the Symposium. Plus, a US judge rules that the Trump administration must lift its ban on Anthropic’s AI tech for federal agencies. And, a consortium of Advent and Stripe decided to abandon its pursuit of PayPal,…

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Bloomberg’s Tim Stenovec zeroes in on Jackson Hole after Federal Reserve Chairman Kevin Warsh delivered his first address at the Symposium. Plus, a US judge rules that the Trump administration must lift its ban on Anthropic’s AI tech for federal agencies. And, a consortium of Advent and Stripe decided to abandon its pursuit of PayPal, a deal that would have ranked as one of the biggest-ever leveraged buyouts.

00:00:00 – Bloomberg Tech Begins
00:02:30 – Mike McKee, Bloomberg News
00:05:25 – Max Gokhman, Franklin Templeton
00:11:13 – Ryan Gould, Bloomberg News
00:14:04 – Han Fengtao, Spirit AI
00:19:31 – Rachel Metz, Bloomberg News
00:24:41 – Mike McKee & Lisa Abramowicz, Bloomberg News
00:28:25 – Ryan Vlastelica, Bloomberg News
00:34:04 – Michael Shepard, Bloomberg News
00:37:18 – Andrew Bailey, Bank of England Governor
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Anthropic Scores Legal Win Against Trump Administration

A US judge ordered the Trump administration to lift its ban on Anthropic’s AI technology for federal agencies, finding the restriction wasn’t adequately justified and was partly intended to make a public example of the company. Bloomberg’s Rachel Metz explains why the ruling doesn’t immediately end Anthropic’s legal fight. She also breaks down a separate…

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A US judge ordered the Trump administration to lift its ban on Anthropic’s AI technology for federal agencies, finding the restriction wasn’t adequately justified and was partly intended to make a public example of the company. Bloomberg’s Rachel Metz explains why the ruling doesn’t immediately end Anthropic’s legal fight. She also breaks down a separate warning from Anthropic, OpenAI, and other companies about the growing threat of AI-enabled cyberattacks with Tim Stenovec on “Bloomberg Tech.”
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Bloomberg Technology

AI Could Push Inflation Either Way, Says BOE’s Bailey

Bank of England Governor Andrew Bailey says AI could prove either inflationary or disinflationary depending on whether its impact on demand arrives before productivity gains on the supply side. Speaking at Jackson Hole, Bailey also discusses the UK inflation outlook, why he agrees with Federal Reserve Chairman Kevin Warsh on the limitations of forward guidance,…

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Bank of England Governor Andrew Bailey says AI could prove either inflationary or disinflationary depending on whether its impact on demand arrives before productivity gains on the supply side. Speaking at Jackson Hole, Bailey also discusses the UK inflation outlook, why he agrees with Federal Reserve Chairman Kevin Warsh on the limitations of forward guidance, and why the BOE will make its own rate decisions regardless of the Fed’s path. He joins Bloomberg’s Lisa Abramowicz on “Bloomberg Tech.”
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