Related News
May 19, 2026
Jury Unanimously Rejects Musk OpenAI Lawsuit, Clearing Path to $1 Trillion IPO
A federal jury unanimously rejected Elon Musk's $150 billion lawsuit against OpenAI and Sam Altman, ruling he waited too long to file. The verdict, reached after less than two hours of deliberation, removes a major obstacle to OpenAI's planned IPO and sets a precedent for nonprofit-to-for-profit conversions in the AI industry.
May 8, 2026
Coinbase Restructures: Cuts 14% Workforce, Embraces AI-Driven Leadership
Coinbase is axing 14% of its workforce as it ditches 'pure managers' for AI-driven roles. Expect leaner, AI-backed 'player-coaches' managing larger teams. This shift could be risky, but also transformative for those adapting quickly.
May 5, 2026
Brockman Defends $30B Stake as Musk v. Altman Trial Enters Week 2
OpenAI president Greg Brockman took the stand in week two of the Musk v. Altman trial, revealing his stake is worth nearly $30 billion and facing questions about journal entries from 2017 that cast doubt on OpenAI's nonprofit commitment. The testimony exposed internal tensions over the company's pivot from charity to commercial juggernaut.