In a unanimous verdict reached after less than two hours of deliberation, the jury said Musk had brought the case too late.
COMMENTS:
DAN IVES, ANALYST AT WEDBUSH:
“This is a huge win for (CEO Sam) Altman and OpenAI despite the scrapes and bruises on Altman’s persona and leadership, as it removes a significant overhang on the company’s operations, with this now viewed as a ‘nothing impact’ for OpenAI.”
“This was a huge sigh of relief for OpenAI as it removes the $134-billion overhang on the company’s operations, which would have caused significant damage on the company’s path to going public and its IPO in the coming year, while keeping Altman at the helm over the coming years.”
JAMES RUBINOWITZ, TRIAL ATTORNEY AND AI SPECIALIST:
“That is the cleanest possible legal win for OpenAI, because the court never had to defend any of the underlying conduct. They only had to prove the clock had run, and they did.”
“This verdict removes the single largest leg
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