Technology

Musk’s claims include breach of charitable trust and unjust enrichment.

Seriously. A billionaire is accusing another billionaire of unjust enrichment ? Every billionaire ever is by definition guilty of unjust enrichment. There's simply no other way to become a billionaire.

The company, which is aiming to build the world’s first fusion power plant, does not generate any revenue but has been valued in the private market at $5.4 billion.

This is honestly insane. A company that produces nothing and is almost certainly a scam is valued at $5.4 billion? Valued by whom?

Doesn't Elon do the same thing such as when SpaceX bought a fleet of Cybertrucks?

Just sounds like how the rich move wealth around to stay/look wealthy.

Nahh... He's too rich. As long as he doesn't overtly steal from the rich, he'll be fine. There is no accountability for people that wealthy because wealth is value and power in the western world. Steal from the poor, you get rich; steal from the rich, you go to prison..

also questioned Altman about a $10 billion computing deal with Cerebras, in which Altman holds a stake worth $3.2 million.

It's a $20B deal. Covering just first 3 years of full datacenter lease. It's a bit strange of a deal where 3 year lease payments are higher than cost of datacenter, and an Nvidia alternative would have better economics, even if Cerebras can do some things well. Altman with a personal stake, can explain OpenAI's generosity in the deal.

He sucks almost as much as musk. Thiel is still supreme vermin though.

how the fuck does he have those kinds of assets despite never coming close to delivering a profit?

He's just another con man shoving snake oil on society.

AI clowns? Self dealing?

Surely impossible.

How much is that percentage wise? Because 2 billion of Nvidia ain't that much

This was a well-discussed standard corporate recusal.

Which ignores his obvious influence outside of the vote. It is "standard", but it doesn't change a damn thing, which of course, they all know very well. They all sit on each other's boards, and exclude, as well they can, any other shareholder from gaining a seat.

It’s surely not self-dealing. It’s his AI that does business with those companies, not him, so it’s all legal.

I continue to wonder why haven't the American people done what they should have been doing already and.... do what they need to do?