After prevailing in its court battle with Elon Musk, at least for now, OpenAI, with a stunning valuation of $852 billion, seems to be on track for what could be one of the largest initial public offerings (IPOs) in history.
Musk had been seeking the ouster of his fellow OpenAI co-founder, CEO Sam Altman, among other changes to the company.
But with testimony from witnesses who called Altman dishonest, he’s hardly emerged unscathed.
At a time of growing concern about artificial intelligence's impacts, the landmark trial also shed new light on the flaws and outsize ambitions of the small number of billionaires steering the development of the breakthrough technology.
The trial was a reminder, said Sarah Kreps, director of Cornell University’s Tech Policy Institute, "of how much the future of AI still depends on a remarkably small group of powerful tech figures and their personal rivalries.”
