OpenAI Prepares Investors for Elon Musk's 'Outlandish' Claims in Upcoming Lawsuit

• OpenAI sent a letter to investors and banking partners to brace them for Elon Musk's anticipated 'outlandish' claims ahead of a lawsuit trial in April.
• The company views the trial as a significant escalation in Musk's long-running dispute but remains confident in its legal position.
• Musk, a co-founder, sued OpenAI in 2024, alleging deception and betrayal of its original non-profit mission by transitioning to a for-profit model.
• He claims entitlement to intellectual property value from his contributions, a claim OpenAI rejects.
• OpenAI believes the lawsuit's value is limited to Musk's $38 million donation and is confident in its strong defenses, despite no absolute guarantee.

Why It Matters: OpenAI is proactively reassuring investors about a high-profile legal battle with co-founder Elon Musk.