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Semafor

US inflation jumps, though long-term war impact yet to be seen Hospitals consider replacing some radiologists with AI Amazon takes a jab at Nvidia over chips shift VCs step in to fund university upstarts Exclusive: Anthropic is gaining on OpenAI’s revenue, but hasn’t yet eclipsed it Exclusive: AI powerhouses threaten data processing firms A South African artist is changing the way viewers understand Picasso’s Guernica Airbnb faces familiar battle in Cape Town First look at war-related inflation sparks political jostling View: China’s state businesses are reshaping markets in Africa US issues Nigeria travel warning over terrorism, kidnapping FirstRand exits UK business after regulatory hit Afreximbank’s $800M answer to Fitch Exclusive: Navy takes nuclear-powered sub offline after $800 million cost run-up Cuba leader says he will not step down Fed, Treasury summon Wall Street chiefs over AI fears How Bluesky earned its reputation — and why it could be the way of the future China eyes stronger Taiwan influence Orbán slams Hungary’s opposition as he trails in polls Iran war reshapes air travel, perhaps for the long term Tehran residents embrace calm amid tenuous truce Countries lack fiscal capacity to handle war fallout Higher producer prices ease China deflation fears Trump ‘optimistic’ on Iran peace talks Inside the five-year succession plan at a $130B warehouse giant Georges Elhedery on HSBC’s big bets on the Gulf and Asia Warsh’s Fed hearing slips past next week Moore takes on the Sun’s ‘MAGA billionaire’ and more Debatable: AI titans influencing regulation Americans still think taxes are too high, poll finds
Jury rejects Elon Musk’s lawsuit against OpenAI
Rachyl Jones · 2026-05-19 · via Semafor

A California jury on Monday rejected Elon Musk’s claims against OpenAI, taking less than two hours to deliver their verdict in one of the biggest tech lawsuits in recent history.

Musk alleged that OpenAI chief Sam Altman “stole a charity” when he converted the startup to a for-profit entity; OpenAI’s lawyers called the lawsuit “a case of sour grapes,” suggesting that Musk — who left OpenAI over differences with Altman — only sued following ChatGPT’s success. A jury determined the Tesla CEO’s claims were barred by the statute of limitations.

The verdict concludes a dramatic chapter in Musk and Altman’s bitter feud, and paves the way for OpenAI to go public, in one of the largest IPOs expected to date.

“Regardless of the outcome,” Semafor’s tech editor wrote, “the reality is that everybody lost.” The proceedings “unearthed embarrassing emails, texts, and diary entries of some of the most powerful people in Silicon Valley… ultimately feeding the angry, anti-AI masses.”