US Top News and Analysis | OpenAI trial updates: Board chair Taylor continues testimony, Altman set to take stand

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OpenAI’s ongoing federal lawsuit in Oakland sees board chair Bret Taylor concluding his testimony on Monday, describing a “dire” period when the company nearly collapsed and explaining the recapitalization that left the nonprofit still in control while simplifying the structure for employees and investors such as SoftBank and Thrive Capital; his testimony paves the way for CEO Sam Altman to take the stand Tuesday morning after Taylor’s 8:30 a.m. PT appearance, as Elon Musk’s 2024 suit accuses Altman and president Greg Brockman of violating the nonprofit pledge and misusing his roughly $38 million donation for commercial purposes. In a related session, Microsoft CEO Satya Nadella, whose firm has invested more than $13 billion in OpenAI since 2019, testified that he never received any concerns from Musk about the investment, expressed pride in backing the startup when few would, and characterized the 2023 leadership turmoil around Altman’s brief ouster as “amateur” while emphasizing Microsoft’s focus on continuity.

Read more: https://www.cnbc.com/2026/05/12/openai-trial-updates-sam-altman-set-to-testify-in-musk-suit.html

#OpenAI #SamAltman #BretTaylor #ElonMusk #GregBrockman #Microsoft #SatyaNadella #SoftBank #ThriveCapital # #SatyaNadela

Times of India | In trial pitting him against Elon Musk, nobody has more to lose than OpenAI CEO Sam Altman

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In a high‑stakes federal trial in Oakland, Elon Musk is suing OpenAI’s chief executive Sam Altman, seeking Altman’s removal and alleging that Altman and his lieutenant Greg Brockman betrayed the nonprofit‑origin mission of OpenAI by shifting the company toward profit‑driven goals. The case, which pits the world’s richest man against the AI pioneer, has already featured testimony that paints Altman’s tenure as marked by “a pattern of lying, lack of candour and resistance to board oversight,” while former board members and co‑founder Ilya Sutskever describe internal conflicts that led to Altman’s brief ouster in 2023. Altman’s supporters, including current board chair Bret Taylor, argue he has been forthright and effective as CEO, but experts warn the litigation could jeopardize his long‑term leadership. The outcome carries broader implications for the burgeoning AI industry, as OpenAI, Musk’s own AI venture, and rival Anthropic each prepare for massive IPOs that could reshape the market.

Read more: https://timesofindia.indiatimes.com/world/us/in-trial-pitting-him-against-elon-musk-nobody-has-more-to-lose-than-openai-ceo-sam-altman/articleshow/131030238.cms

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Feed: All Latest | Ilya Sutskever Stands by His Role in Sam Altman’s OpenAI Ouster: ‘I Didn’t Want It to Be Destroyed’ by Paresh Dave, Maxwell Zeff

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Elon Musk’s lawsuit against OpenAI and Microsoft entered its final phase as former OpenAI chief scientist Ilya Sutskever testified, revealing his roughly $7 billion stake in the company’s for‑profit arm and underscoring his lingering loyalty despite being estranged from co‑founder Sam Altman and the firm. Sutskever explained he had helped orchestrate Altman’s brief 2023 removal, later defending OpenAI by arguing that the transition to a for‑profit model was necessary to secure the massive funding required to build brain‑scale computers, and he emphasized the importance of the now‑disbanded super‑alignment team for long‑term safety. His testimony also countered Musk’s claim that OpenAI violated any special non‑profit promises, noting that no such arrangements existed when Musk funded the nonprofit, and highlighted the evolving role of Microsoft, which shifted from providing discounted cloud services to seeking a profit‑sharing partnership as the costs of AI development surged. The hearing wrapped with OpenAI chairman Bret Taylor praising Altman’s leadership, setting the stage for Altman’s own testimony the following day.

Read more: https://www.wired.com/story/ilya-sutskever-testifies-musk-v-altman-trial/

#IlyaSutskever #SamAltman #OpenAI #Microsoft #ElonMusk #SatyaNadella #BretTaylor #GregBrockman

Observer | Bret Taylor Leads OpenAI Foundation’s $1B Drive for A.I. Safety and Health by Alexandra Tremayne-Pengelly

OpenAI, founded in 2015 as a nonprofit devoted to ensuring A.I. benefits all of humanity, drew criticism after creating a capped‑profit subsidiary in 2019 and was accused by figures such as co‑founder Elon Musk of drifting from its mission. That chapter effectively closed last year when OpenAI converted to a public benefit corporation and granted the nonprofit a 26 percent equity stake as part of the recapitalization. With that stake now valued at around $130 billion, the foundation plans to back projects that both expand A.I.’s upside and tackle its risks, according to Bret Taylor, chair of the OpenAI Foundation, now one of the world’s largest charities.

Taylor said in a March 24 update that the foundation will invest at least $1 billion this year in areas including life sciences, jobs and community programs, marking a major ramp‑up in giving and accompanied by a wave of new hires.

Taylor became OpenAI’s chair in 2023 in the wake of CEO Sam Altman’s brief ouster and reinstatement. Taylor’s resume spans chief technology officer at Facebook (now Meta), co‑CEO of Salesforce and chair of Twitter (now X), in addition to launching multiple startups, including the A.I. company Sierra.

Read more: https://observer.com/2026/03/openai-chair-bret-taylor-nonprofit-giving/

#artificialintelligence #brettaylor #openai #philanthropy #technology

https://winbuzzer.com/2026/03/26/sierra-ghostwriter-self-service-ai-agent-builder-xcxwbn/

Agent-Building Agent: Sierra Launches AI Customer Service Agents Builder

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Bret Taylor’s Sierra reaches $100M ARR in under two years

https://fed.brid.gy/r/https://techcrunch.com/2025/11/21/bret-taylors-sierra-reaches-100m-arr-in-under-two-years/

Bret Taylor Net Worth – OpenAI Chairman and Sierra Co-Founder.

See here - https://techchilli.com/artificial-intelligence/bret-taylor-net-worth/

#BretTaylor #OpenAI #SierraCoFounder #TechEntrepreneur #AILeadership #Shopify #Innovation #TechIndustry #AIRevolution