By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News as they happen
  • News
  • Canada
  • Business
  • Politics
  • Science
  • World News
  • Isness
Reading: OpenAI Co-founder Greg Brockman Defends Company’s For-Profit Pivot—and His Own $30 Billion Payday
Sign In
Font ResizerAa
News as they happenNews as they happen
  • News
  • Canada
  • Business
  • Politics
  • Science
  • World News
  • Isness
  • News
  • Canada
  • Business
  • Politics
  • Science
  • World News
  • Isness
Have an existing account? Sign In
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
openai-co-founder-greg-brockman-defends-company’s-for-profit-pivot—and-his-own-$30-billion-payday
OpenAI Co-founder Greg Brockman Defends Company’s For-Profit Pivot—and His Own $30 Billion Payday

OpenAI Co-founder Greg Brockman Defends Company’s For-Profit Pivot—and His Own $30 Billion Payday

Last updated: May 6, 2026 3:49 pm
By Beige Luciano-Adams
1 Min Read
Share
SHARE
OpenAI Co-founder Greg Brockman Defends Company’s For-Profit Pivot—and His Own $30 Billion Payday

OpenAI President Greg Brockman is depicted in a courtroom sketch as he is questioned by OpenAI attorney Sarah Eddy, during Musk’s lawsuit trial over OpenAI’s for-profit conversion at a federal courthouse in Oakland, Calif., on May 5, 2026. Vicki Behringer/Reuters

In the second week of a high-profile jury trial that could have profound impact on the race for artificial intelligence, OpenAI president Greg Brockman rejected allegations that he and other co-founders betrayed the company’s philanthropic mission and illegally enriched themselves by flipping the non-profit lab into a for-profit corporation.

Tesla CEO Elon Musk in 2024 sued Brockman and CEO Sam Altman, alleging they bilked him of $38 million in donations then restructured as a for-profit corporation by exclusively licensing their flagship product to Microsoft—betraying a founding mission to operate as an open-source charity that would counter the risks of profit-driven AI.

Italian Prime Minister Urges Gaza Flotilla to Stop, Warns of Risk to Peace
Apple’s iPhone 17 Launch in China Draws Long Lines in Sluggish Economy
Investment Firm Sues Jerome Powell, Federal Reserve Over Closed-Door Meetings
US Military Conducts First Airlift of Next-Gen Nuclear Reactor to Utah
Canadian Military Takes Part in Arctic Operations in Defence of ‘North American Homeland’
TAGGED:Artificial IntelligenceBusinessCompaniesCourtsMedia & Big TechTechTech NewsUSUS News
Share This Article
Facebook Email Copy Link Print
Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!

    5 + 6 =

    You Might Also Like

    unemployment-rate-climbed-to-7.1-percent-in-august-as-economy-lost-66,000-jobs
    CanadaFeatured Canadian NewsUncategorizedWorld News

    Unemployment Rate Climbed to 7.1 Percent in August as Economy Lost 66,000 Jobs

    By The Canadian Press
    1 Min Read
    drainville,-frechette-spar-over-language,-immigration-in-heated-caq-leadership-debate
    CanadaUncategorizedWorld News

    Drainville, Fréchette Spar Over Language, Immigration in Heated CAQ Leadership Debate

    By The Canadian Press
    1 Min Read
    xinjiang’s-organ-transplant-expansion-sparks-alarm-over-uyghur-forced-organ-harvesting
    Uncategorized

    Xinjiang’s Organ Transplant Expansion Sparks Alarm Over Uyghur Forced Organ Harvesting

    By Tasnim Nazeer
    8 Min Read
    News as they happen

    We influence thousands of users and are the number one business and technology news network on the planet. Newsguard delivers everything you need to know to live your best life, best tech trend, traveling passion and more…

    Categories

    • The Escapist
    • Entertainment
    • Bussiness

    Quick Links

    • Advertise with us
    • Newsletters
    • Complaint
    • Deal

    @Newsguard – Codeus Design. All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?