OpenAI Warns Investors: Elon Musk May Make "Outlandish Claims" in Upcoming Lawsuit Trial

• OpenAI has alerted investors and banking partners about potential "exaggerated and attention-grabbing claims" from Elon Musk as his lawsuit against the company heads to trial in April.
• The communication aims to prepare financial backers for a closely watched courtroom battle with a prominent co-founder, emphasizing OpenAI's confidence in its legal case.
• Musk, a co-founder of OpenAI, filed a lawsuit in 2024, alleging the company betrayed its original nonprofit mission by transitioning to a for-profit structure and partnering with Microsoft.
• He claims entitlement to a share of intellectual property value from his early contributions, a demand OpenAI has rejected.
• OpenAI views the lawsuit as having little merit, estimating its value at no more than Musk's original $38 million donation, and expects Musk to make public statements not grounded in fact.

Why It Matters: OpenAI is proactively warning investors about Elon Musk's potential "outlandish claims" as their lawsuit proceeds to trial.