Elon Musk told a jury on Wednesday that he was “a fool” to provide initial funding for OpenAI, claiming he believed the $850bn ChatGPT maker would remain a non-profit organisation.
The billionaire was testifying in federal court in Oakland, California, as the first witness in his lawsuit against Sam Altman, OpenAI and its largest shareholder, Microsoft.
“I actually was a fool who [gave] free funding for them to create a start-up,” Musk said. “I gave them $38mn of essentially free funding, which they used to create a . . . for-profit company.”
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