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5 resultsfor “xAI lawsuit details”

Tech

OpenAI confidentially files for initial public offering on US stock market

xAI, is also imminently [slated to go public](https://www.theguardian.com/science/2026/may/20/spacex-finances-stock-market-debut) at an expected valuation of $1.75tn. OpenAI [closed a funding round of $122bn](https://www.wsj.com/tech/ai/openai-closes-silicon-valleys-largest-ever-funding-round-e48372c9?mod=article_inline) in March, pegging its value at around

The Guardian WorldJun 8
Tech

Musk v Altman: The most toxic row in tech goes on trial

xAI, which makes the chatbot Grok, which has lagged behind competitors. When he [sued in 2024](https://www.bbc.com/news/technology-68445981), Musk alleged that OpenAI had strayed from its core mission and was instead focused on "maximising

BBC NewsApr 28
Tech

Elon Musk trial against Sam Altman to reveal OpenAI power struggle

lawsuit alleges they shifted OpenAI into moneymaking mode behind his back. The bitter legal fight may come down to a few pages in one executive’s personal diary. “This is the only chance we have

Al Jazeera EnglishApr 27
Tech

Opening arguments begin in Elon Musk and Sam Altman courtroom showdown

xAI, alleging that “this lawsuit has always been a baseless and jealous bid to derail a competitor”. In the early hours of Tuesday morning, long lines snaked outside the Oakland federal courthouse as reporters, legal

The Guardian WorldApr 28
Tech

Claim, counter-claim and tech's seedy side exposed: Five things we learned in the Musk-Altman trial

lawsuit is that Altman lied to him about his commitment to OpenAI's non-profit status. But this trial has ended up being more than one very famous man's word against another

BBC NewsMay 15