Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business

OpenAI Jury To Begin Deliberations Monday as Judge Weighs Altman Removal and $500B Restructure Reversal

OpenAI CEO Sam Altman, center, and OpenAI President Gregory Brockman arrive to court at the Ronald V. Dellums Federal Building on April 30, 2026 in Oakland, California. Elon Musk invested in OpenAI early on believing it would be a non-profit, but is now suing OpenAI and its CEO Sam Altman for allegedly deceiving him by developing OpenAI into a for-profit company.

A nine-person jury in Oakland will begin deliberating Monday on whether OpenAI CEO Sam Altman and president Greg Brockman violated charitable-trust law when they converted the nonprofit AI lab they co-founded with Elon Musk into a $500-billion for-profit corporation — a verdict that could force the unwinding of that restructure and remove both executives from their roles at the company behind ChatGPT, which 700 million people use every week.

Closing arguments concluded Thursday at the Ronald V. Dellums Federal Building in Oakland before U.S. District Judge Yvonne Gonzalez Rogers, who retains sole authority to issue a binding ruling. Simultaneously, starting Monday, she will open a parallel remedies phase to consider potential damages and structural penalties — including the removal of Altman and Brockman — if OpenAI is found liable.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.