OpenAI's former CTO testified today. One question. One word.

Did Altman tell the truth about safety clearances?

"No."

Also: "Proxy Elon" (seriously that was stated in court) took the stand. Purple boxes went unresolved. A woman in the gallery tried to sleep through it.

Day seven. Still going.

https://blog.ppb1701.com/close-and-friendly

#ai #altman #murati #zilis #blog #brockman #musk #openai #sec #theranasai #userhostile

The #Trump #DOJ agreed to let #ElonMusk pay one penny on the dollar in a civil penalty to the govt.
https://arstechnica.com/tech-policy/2026/05/trump-sec-lets-musk-settle-150-million-twitter-lawsuit-for-1-5-million

Why? Because Musk is indigent?

The penalty is for failing to disclose that he bought a 9% share of Twitter in 2022, enabling him to buy more shares at artificially low prices. Musk was convicted by a jury of violating #SEC mandatory disclosure rules in January 2025.

What's the next step? Pull a #MichaelFlynn? Sue the govt for malicious prosecution and find a docile DOJ willing to settle with him for $1+ million?
https://apnews.com/article/trump-michael-flynn-russia-justice-department-7b1d493300b5336900cb508c855fd59d

#USLaw #USPol #USPolitics

OpenAI's CEO and president both held personal stakes in a chip company they then signed a $10 billion deal with. Neither disclosed it. Ever. Confirmed under oath.
The CFO went to the Journal. Two sets of numbers. California AG watching. Eight banks holding a $40 billion unsecured loan with one repayment path.
Musk stumbled into being accidentally correct. That's almost worse.

https://blog.ppb1701.com/the-ipo-just-got-complicated

#openai #altman, #brockman #musk #cerebus #ai #sec #theranasai #userhostile #blog

Which teams won the offseason?

According to @espn, no one in the #SEC did it better than #Texas. 🤘

Elon Musk to Pay $1.5 Million to Settle SEC Lawsuit Alleging He Failed to Disclose Twitter Share Purchases Ahead of Acquisition
#Variety #News #ElonMusk #SEC #Twitter

https://variety.com/2026/digital/news/elon-musk-settles-sec-lawsuit-twitter-share-purchase-disclosures-1236738167/

Elon Musk to Pay $1.5 Million to Settle SEC Lawsuit Alleging He Failed to Disclose Twitter Share Purchases Ahead of Acquisition

https://fed.brid.gy/r/https://variety.com/2026/digital/news/elon-musk-settles-sec-lawsuit-twitter-share-purchase-disclosures-1236738167/

Politico: Elon Musk settles SEC lawsuit over Twitter stock disclosures. “Elon Musk has struck a settlement deal with the Securities and Exchange Commission to resolve a 2025 lawsuit tied to the billionaire’s purchases of Twitter stock three years earlier, according to a court filing. The Tesla and SpaceX CEO’s revocable trust will pay $1.5 million to settle the case, without admitting or […]