tech
May 1, 2026
Did you know you can't steal a charity? Don't worry. Elon Musk will remind you.
Today on Equity, we break down what's actually at stake in the Musk v Altman case, plus deals, defense tech, and what Big Tech's earnings week revealed about the limits of the AI spending era.
TL;DR
- Elon Musk is suing OpenAI, claiming they betrayed their nonprofit mission by becoming for-profit.
- Emails, texts, and tweets are being presented as evidence in the trial.
- Musk's core argument is that a charity cannot be stolen.
- The podcast episode discusses enterprise AI spending trends revealed by Big Tech earnings.
- It also touches on a lawsuit against Sallie Mae by a scholarship app founder.
- BMW i Ventures launched a new $300 million fund focused on AI.
- Defense tech startup Scout AI is developing "military AGI" using VLA models.
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