Altman’s Testimony, AI SPV Drama, Ebay Rejects $GME Bid | Diet TBPN
TBPN
May 13, 2026
As the OpenAI vs. Elon Musk trial reaches a climax, testimonies from Sam Altman and industry titans reveal a power struggle between non-profit idealism and the immense compute costs of frontier AI. Simultaneously, the proliferation of secondary stock markets for private AI labs is sparking regulatory crackdowns and creating intense legal uncertainty.
Key insight: OpenAI co-founder Ilya Sutskiver admitted under oath that the transition to a for-profit structure was driven by a simple, brutal reality: "If there's no funding, there's no big computer, and you need big computer if you want big AI."
