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April 29, 2026

Musk vs OpenAI: The $150B trial starts today

Musk vs OpenAI: The $150B trial starts today · TensorMax

Plus: Oracle bets $300B on OpenAI inference; Anthropic gets $40B from Alphabet
TensorMax
Daily AI Market Intelligence
Wednesday, April 29, 2026
2:45 PM ET · 2 min read
By the TensorMax editorial team  ·  Drawing from 21 sources across the AI industry

Today's top story

model release

OpenAI makes its generative AI models and Codex agent available on Amazon Web Services via Amazon Bedrock, ending its exclusivity with Microsoft.

More from today

funding event

OpenAI misses internal revenue and user growth targets, prompting CFO and board to question massive data-center spending and IPO timeline.

partnership

OpenAI and Amazon Web Services announce an expanded partnership to make OpenAI's models, Codex, and Managed Agents available on Amazon Bedrock.

partnership

Microsoft and OpenAI revise their partnership agreement, removing the exclusivity clause and the controversial AGI IP clause, while Microsoft retains model use rights until 2032.

regulatory action

Elon Musk testifies in his lawsuit against OpenAI, alleging the company 'stole a charity' and pivoted from its nonprofit mission.

safety incident

NYT reports that AI chatbots provided scientists with instructions on assembling deadly pathogens and releasing them in public spaces.

market event $2B

AI agents have erased $2 trillion from the combined value of public software companies in 10 weeks, marking a significant market rout.

Catch up quick

  • US President Trump directs aides to prepare an extended naval blockade of the Strait of Hormuz as a strategic alternative to bombing or withdrawal.
  • Oracle signs a $300B deal with OpenAI to build data centers, betting heavily on AI inference.
  • OpenAI and Elon Musk's landmark trial begins in Oakland federal court, with Musk seeking $150 billion in damages and an order to unwind OpenAI's for-profit plans.
  • OpenAI releases GPT-4, a new model version that surpasses ChatGPT.
  • Alphabet plans to commit up to $40 billion to Anthropic in a deal including massive TPU compute commitments.
  • Federal Reserve economists Crane and Soto find U.S. programmer employment growth dropped ~50% after ChatGPT launched in Nov 2022.
  • OpenAI missed internal revenue and user growth targets, causing a sell-off in chip stocks including Oracle, Broadcom, and AMD.
  • New jailbreak method achieves high success rates against GPT-5-thinking and Claude-Sonnet-4.5, introducing 'para-jailbreaking' vulnerability.
  • Researchers tested 9 prompt injection defenses across 20,000+ attacks, finding only output filtering in application code held (zero leaks in 15,000 attacks).
  • Researchers find that standard SFT-then-RL outperforms mixed-policy methods for LLM reasoning by +3.8 points on math benchmarks with Qwen2.5-Math-7B and +22.2 points with Llama-3.1-8B after correcting bugs in DeepSpeed,
  • NVIDIA releases Nemotron 3 Nano Omni, an open 30B-A3B multimodal model for vision, audio, and language.
  • Anthropic launches a managed infrastructure platform for agentic AI, aiming to become the 'AWS of agentic AI' for Claude-based agents.
  • IBM releases Granite 4.1, a family of dense LLMs (3B, 8B, 30B) trained on 15T tokens with 512K context, under Apache 2.0.
  • OpenAI-linked stocks slide following reports of missed growth targets.
  • Nvidia executive states that AI compute costs currently exceed human labor costs, highlighting the high expense of AI infrastructure.

Also on the desk

  • Elon Musk's lawsuit against OpenAI, Sam Altman, and Microsoft has officially begun trial in Oakland, with Musk seeking to force OpenAI back to nonprofit status and reclaim $150B in alleged ill-gotten gains.
  • OpenAI trial begins in Oakland federal court, featuring contrasting testimonies from Elon Musk and Sam Altman regarding the company's early years.
  • OpenAI secures up to $35B in new financing from Amazon in exchange for making its models available on AWS Bedrock.
  • Microsoft ends exclusive reselling rights for OpenAI models, allowing AWS and Google Cloud to sell them, while retaining a 20% revenue share through 2030.
  • OpenAI's CFO and board have questioned the wisdom of massive data-center spending as the company missed internal goals of reaching 1B weekly active ChatGPT users by 2025's end and multiple monthly revenue targets in 2026
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