live Khamenei warns ‘foreigners’ as Iran enters ‘new phase’ in Gulf, Hormuz - Thursday, 30 April
Iran’s Supreme Leader Mojtaba Khamenei warned “foreigners who commit evil” have no place in the Gulf, outlining a “new phas...
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
In the filing submitted to a federal court ahead of a trial expected to begin in April, Musk said OpenAI gained between $65.5 billion and $109.4 billion from his contributions when he co-founded the organisation in 2015, while Microsoft gained between $13.3 billion and $25.1 billion.
Musk’s lawyer, Steven Molo, said the entrepreneur provided most of OpenAI’s seed funding, lent his reputation to the project and helped the company scale. Musk says he contributed around $38 million, representing roughly 60% of OpenAI’s early funding, and helped recruit staff and connect the founders with key contacts.
OpenAI rejected the claim, calling it an “unserious demand” and part of what it described as a harassment campaign by Musk. Microsoft did not respond to a request for comment on the compensation being sought.
Musk, who left OpenAI in 2018 and now runs rival AI company xAI, alleges that OpenAI violated its founding mission by restructuring into a for-profit entity. OpenAI has described the lawsuit as baseless, while a Microsoft lawyer has said there is no evidence the company aided or abetted any wrongdoing.
A judge in Oakland, California, ruled earlier this month that the case will be heard by a jury. Musk’s filing argues that the “wrongful gains” earned by OpenAI and Microsoft far exceed his original investment and that he is entitled to recover them. The damages calculations were prepared by Musk’s expert witness, financial economist C. Paul Wazzan.
Musk is also seeking possible punitive damages and other remedies, including an injunction, though the filing does not specify what form such an order would take.
In a separate filing, OpenAI and Microsoft asked the court to limit what Musk’s expert can present to jurors, arguing that the analysis is unreliable, unverifiable and could mislead the jury. The companies said the damages claims amount to an implausible attempt to transfer billions of dollars from a nonprofit organisation to a former donor who is now a competitor.
A report published by Minval Politika has raised new questions over alleged efforts by Luis Moreno Ocampo to shape international pressure against Azerbaijan and influence political dynamics around Armenia.
A Pentagon official provided the first official estimate of the cost of the U.S. war in Iran on Wednesday (29 April), telling lawmakers that $25 billion had so far been spent on the conflict, most of it on munitions. Earlier, Donald Trump said that the U.S. had "militarily defeated" Tehran.
Tensions between the United States and Iran remain high after a U.S. official said President Donald Trump was unhappy with a proposal from Tehran that does not deal with its nuclear programme. Washington is insisting that any talks must address Iran’s nuclear activities.
Iran’s Supreme Leader Mojtaba Khamenei warned “foreigners who commit evil” have no place in the Gulf, outlining a “new phase” for the Strait of Hormuz, while a senior adviser said U.S. blockade efforts would fail and could trigger confrontation.
Shares in Meta Platforms fell sharply in extended trading on Wednesday after the tech giant raised its annual capital spending forecast by billions of dollars.
The decision by the United Arab Emirates to leave OPEC+ on 1 May has put renewed focus on one of the most influential groups in global energy - and how its decisions can shape oil prices worldwide.
The United Arab Emirates has said it's quitting OPEC from 1 May, dealing a major blow to the oil producers’ group and its de facto leader, Saudi Arabia, amid disruption caused by the Iran war.
As the Iran war disrupts global flows of oil and gas and energy prices skyrocket, the Drin River, which descends through the mountains of northern Albania, is acting as a kind of shield.
China has ordered Meta to unwind its more than $2 billion acquisition of artificial intelligence start-up Manus, marking a major escalation in Beijing’s scrutiny of foreign investment in sensitive technology sectors. The order was issued on Monday by the National Development and Reform Commission.
Adidas shares rose after Kenya’s Sebastian Sawe delivered a historic performance at the London Marathon on Sunday (26 April), becoming the first athlete to run an official marathon in under two hours.
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