A360
Key Takeaways✦ Atlas AI
01
Brockman holds a $30 billion OpenAI stake.
02
Financial ties to CEO Sam Altman disclosed.
03
Lawsuit challenges OpenAI's for-profit conversion.
Atlas AI
OpenAI co-founder and president Greg Brockman disclosed in court that his stake in OpenAI is worth close to $30 billion and that he has financial ties to CEO Sam Altman, during questioning by lawyers for Elon Musk in Oakland, California.
The testimony came in Musk’s lawsuit alleging OpenAI improperly converted from a nonprofit into a for-profit entity and abandoned its original charitable mission.
Brockman said Altman gave him a stake in Altman’s family office in 2017 that was worth $10 million at the time. Musk’s legal team argued the arrangement could have affected Brockman’s independence and incentivized him to align with Altman, who they portrayed as a key driver of OpenAI’s shisources toward a for-profit structure.
Brockman also testified that he holds stakes in two startups backed by Altman: AI chipmaker Cerebras and fusion startup Helion Energy.
The trial is in its second week. Musk is seeking the removal of Altman and Brockman from OpenAI leadership and $150 billion in damages. OpenAI has disputed Musk’s claims and argued the lawsuit is driven by Musk’s desire for control and rivalry, rather than concerns about safety or the organization’s nonprofit origins.
