Elon Musk’s lawsuit over OpenAI’s shift to a for-profit model kicks off in Oakland, with Musk, Sam Altman and Microsoft’s Satya Nadella set to testify. The case highlights internal clashes as OpenAI faces fierce AI competition and gears up for a potential $1 trillion IPO.

Elon Musk is suing Sam Altman’s OpenAI for billions in damages, claiming breaches stemming from their 2015 co-founding agreement. The jury trial, starting Monday, could reshape the competitive dynamics in the A.I. industry.

Max Read interviews Ben Tarnoff and Quinn Slobodian about their book Muskism: A Guide for the Perplexed, arguing Elon Musk’s business style and political interventions form a distinct ideology akin to Fordism. They outline how Musk’s methods and public projects coalesce into a coherent framework worth analyzing.

A jury in Oakland will soon decide whether OpenAI’s switch from a nonprofit to a for-profit under Sam Altman was fraudulent, a ruling that could unravel the legal basis of the entire AI sector. Elon Musk demands OpenAI revert to nonprofit status and directs any damages to charity, while OpenAI fires back with regulatory complaints and PR campaigns. A verdict for Musk could tank OpenAI’s $850 billion IPO and expose other AI firms to donor and shareholder clawbacks.

Banks and firms involved in SpaceX's IPO must buy subscriptions to Elon Musk’s Grok AI service. Some banks are reportedly spending tens of millions to integrate Grok into their systems. SpaceX recently filed its IPO paperwork amid ongoing legal issues related to Grok's AI technology.

SpaceX is exploring the development of a Starlink-branded phone that would connect directly to its satellite constellation. Although details are still vague, Elon Musk has suggested that the device could be optimized for specific uses, such as running neural networks. Starlink is a significant revenue source for SpaceX, contributing to its overall financial success.