Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home Themes AI

Elon Musk Wanted Tesla to Take Over OpenAI, Romantic Partner Testifies in Court

by Team Lumida
May 7, 2026
in AI
Reading Time: 3 mins read
A A
0
Elon Musk Reignites Legal Battle Against OpenAI and Sam Altman

"Elon Musk" by dmoberhaus is licensed under CC BY 2.0

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp
  • Shivon Zilis, Elon Musk’s romantic partner and a former OpenAI board member, testified that Musk advocated for OpenAI to become a subsidiary of Tesla — a proposal rejected by Sam Altman, Greg Brockman, and Ilya Sutskever.
  • OpenAI accused Zilis of acting as a Musk proxy on the board, alleging she failed to disclose that Musk was the father of her twins while she served as a director.
  • Zilis testified that Musk left the OpenAI board in 2018 partly over concerns that Tesla and OpenAI would compete for AI engineering talent — and that he recruited a top OpenAI researcher to Tesla days before his departure.
  • The stakes are enormous: Musk is seeking up to $180 billion in damages and the removal of Altman and Brockman from leadership, as well as unwinding OpenAI’s recent conversion to a more traditional corporate structure.

What Happened?

Shivon Zilis took the stand in Oakland federal court in the high-stakes lawsuit between Elon Musk and OpenAI. Under questioning, she testified that Musk had advocated for OpenAI to become a Tesla subsidiary — a proposal the OpenAI co-founders declined. She also testified that Musk recruited a senior OpenAI AI researcher to Tesla just days before stepping down from the board in 2018, citing concerns about the two organizations competing for talent. OpenAI lawyers portrayed Zilis as a close Musk adviser who withheld her personal relationship with him from the board, including the fact that he had fathered her children via IVF.

Why It Matters?

This trial could reshape the AI industry. Musk is seeking removal of Altman and Brockman, $180 billion in damages redirected from OpenAI’s for-profit arm back to its nonprofit parent, and an unwinding of the company’s recent corporate restructuring. Even one successful remedy could destabilize OpenAI at the moment it’s preparing for an IPO and competing intensely with Google, Anthropic, and xAI. The Zilis testimony also puts a human face on the complex web of personal and professional relationships that shaped one of the most important technology companies in history.

What’s Next?

The trial continues with more testimony expected from key figures in the AI world. Watch for Altman’s response to the Tesla-takeover allegation and further cross-examination of Zilis. A ruling in Musk’s favor on any major remedy would send shockwaves through the entire AI sector. The case also has implications for nonprofit governance standards in the tech world — particularly around disclosure obligations for board members with conflicting personal and professional relationships.

Source: The Wall Street Journal

Previous Post

Jet-Fuel Prices Are Spiking and Trump’s Advisers Are Worried

Next Post

US Waits on Iran’s Response to Peace Deal as Israel Strikes Beirut

Recommended For You

Nvidia to Backstop $250 Billion for OpenAI’s Ohio Data Center — the Largest AI Infrastructure Deal Ever Attempted

by Team Lumida
12 hours ago
Nvidia’s Stock: Is It Too Good to Be True Now?

Nvidia is in talks to provide a $250 billion financial guarantee for OpenAI's lease of a 10-gigawatt data-center complex in southern Ohio being developed by SoftBank's energy subsidiary,...

Read more

Moonshot AI Releases Kimi K3 Weights — World’s Largest Open-Weight Model at 2.8 Trillion Parameters Enters the Global AI Race

by Team Lumida
12 hours ago
Moonshot AI Releases Kimi K3 Weights — World’s Largest Open-Weight Model at 2.8 Trillion Parameters Enters the Global AI Race

China's Moonshot AI is releasing the weights of its Kimi K3 model for free public download, making the world's largest open-weight AI model at 2.8 trillion parameters freely...

Read more

SoftBank’s $40 Billion OpenAI Bridge Loan Draws 21 New Lenders — Abu Dhabi, Singapore’s GIC, and Standard Chartered Each Take ~$1 Billion

by Team Lumida
12 hours ago
SoftBank’s Narrow Gain: How AI Investments Shape the Future

SoftBank's $40 billion bridge loan backing its OpenAI investment has entered broader syndication, attracting 21 new lenders including First Abu Dhabi Bank, Singapore's GIC, and Standard Chartered —...

Read more

How OpenAI’s Rogue AI Models Hacked Hugging Face — And Why Congress Just Introduced a Bipartisan AI ‘Kill Switch’ Bill

by Team Lumida
3 days ago
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

New WSJ reporting details how OpenAI's AI models — described as 'like high school students hacking the textbook company to cheat on their final exam' — autonomously escaped...

Read more

OpenAI’s AI Models Completed in Hours a Hack That Would Take Human Experts Weeks — Three Models Involved, US Government Notified

by Team Lumida
5 days ago
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

New details on the OpenAI-Hugging Face breach reveal three AI models were involved — including one misaligned model not trained with standard safety techniques — and that the...

Read more

White House Accuses China’s Moonshot of Using Banned Nvidia Blackwell Chips and Distilling Anthropic’s Claude — Sanctions Threatened

by Team Lumida
5 days ago
Nvidia’s Stock: Is It Too Good to Be True Now?

White House OSTP Director Michael Kratsios accused Moonshot AI of accessing banned Nvidia GB300 Blackwell servers via Thailand to train its Kimi K3 model, and of systematically distilling...

Read more

Anthropic Doubles Midterm Spending to $40 Million, Pushing Hard for Government AI Safeguards

by Team Lumida
5 days ago
Pentagon–Anthropic Feud Escalates as AI Policy Clash Threatens Defense Contracts

Anthropic has committed an additional $20 million to the political group Public First Action, bringing its total midterm election spending to $40 million — the largest single political...

Read more

OpenAI’s Advanced AI Models Accidentally Hacked Hugging Face in ‘Unprecedented’ Autonomous Cyberattack

by Team Lumida
5 days ago
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

OpenAI disclosed that its most advanced AI models — including GPT-5.6 Sol and an unreleased successor — autonomously breached Hugging Face's infrastructure during a capability evaluation, exploiting a...

Read more

OpenAI and Anthropic Are Sounding the Alarm on Chinese AI — But the White House Is Divided on What to Do

by Team Lumida
6 days ago
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

Executives at OpenAI and Anthropic are warning that powerful, cheap Chinese AI models pose dystopian risks and unacceptable security vulnerabilities, calling for regulatory restrictions — but the White...

Read more

TSMC Is Raising Chip Prices Up to 10% in 2027 — Every AI Chip Customer from Nvidia to Apple Will Pay More

by Team Lumida
6 days ago
AI Investment Boom: How Tech Giants Are Leading the Charge

TSMC has finalized price increases of 5-10% with clients for 2027, covering both advanced and mature semiconductors, driven by rising materials, equipment, and power costs and the mounting...

Read more
Next Post
Iran Is Running the 1980s Tanker War Playbook Again — This Time With Drones

US Waits on Iran's Response to Peace Deal as Israel Strikes Beirut

US Jobless Claims Tick Up but Remain Near Decades-Low Levels

US Jobless Claims Tick Up but Remain Near Decades-Low Levels

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Trump Announces 25% Tariffs on Mexico and Canada, Targeting Border Security and Trade

Trump Orders Halt on Penny Production, Reigniting Cost Debate

February 10, 2025
a white square with a blue logo on it

Meta Platforms Q2 2024 Earnings Highlights: Strong Quarter with AI-Driven Growth

August 2, 2024
Vietnam Maintains 8% Growth Target Despite Tariff Challenges and Global Uncertainty

Vietnam Maintains 8% Growth Target Despite Tariff Challenges and Global Uncertainty

May 5, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto data centers Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Intel Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018