Jaden Schaefer

So his allegation is that OpenAI violated their original nonprofit mission and that both organizations benefited financially from his early involvement, which I mean, I guess there's like so much beef with OpenAI.

I don't want to get into it, but I can sort of see where he's coming from on Microsoft because he did just donate money to OpenAI.

And then Microsoft came in and made an investment in OpenAI and took like half the company.

So I mean, Microsoft most definitely has, you know, got a lot to gain from his donation.

So if you look at all of his court filings, he's essentially arguing that kind of his financial and technical and reputation all contributed to OpenAI's early development.

And to be fair, I think he did do a bunch of work at the beginning and he got on a bunch of the early founders of OpenAI.

Like he went, you know, personally and headhunted and recruited them.

He also says that he gave about $38 million to the company, which was about 60% of their early seed funding.

So, you know, more than 50%, but there was other people involved in this as well.

And then he also helped with, you know, all of the staff recruiting, advising on, you know, scaling the business.

He gave a lot of credibility to the project when it was really, you know, a new project back in 2015 and 2018.

So he's, you know, he's claiming damages and he's saying that these are all based on analysis by financial economist,

See Paul was then who essentially did some calculations on what Elon Musk is calling wrongful gains, which came from his contribution, his 60 percent, his 38 million dollars that he put into the company.

So his filing is estimating that OpenAI got about sixty five point five billion and one hundred and nine billion dollars in value from what he did at the beginning.

Microsoft gained more than $13.3 billion and $25.1 billion, according to Paul Wazon's calculations.

So Elon Musk is arguing that similar to early stage startup investors, contributors can realize returns far exceeding their initial investment if the company later achieves significant value, the growth in their valuation, if their company becomes worth a lot more.

So OpenAI, of course, has disputed both the legal and the financial basis of everything that Elon Musk is saying.

OpenAI has described this as sort of unfounded and says that Elon Musk was aware of their plans to adopt a capped for-profit structure.

So that's interesting.

Microsoft also denied that they did anything wrong.