Musk Says No Contract Dictating His Early Donation to OpenAI (1)

Elon Musk acknowledged there was no contract with OpenAI regarding the terms of his donation to the company when it was first founded as a nonprofit research organization more than a decade ago.

Under questioning from OpenAI attorney William Savitt, Musk said Thursday that he contributed to the artificial intelligence startup based on his understanding of its founding mission and a review of its corporate charter.

“If you make a nonprofit, it’s a nonprofit,” Musk said. “What more do you need to know?

In response to later questions from his own lawyer, Musk said he was “reassured” by OpenAI ...