Microsoft CEO Testifies in Third Week of Musk’s OpenAI IP Lawsuit
Microsoft CEO Satya Nadella testified for a third consecutive week in Elon Musk’s lawsuit alleging OpenAI intellectual property misuse. Investor concerns over long-term AI liability triggered a modest Microsoft share pullback while Nvidia shares advanced as other major tech names paused.
1. CEO Testimony Extends Trial
Satya Nadella took the stand for a third straight week in the high-stakes lawsuit brought by Elon Musk, facing allegations that OpenAI’s technology improperly uses Musk’s intellectual property. His testimony covered Microsoft’s role in OpenAI governance and data licensing agreements.
2. Investor Concerns Drive Share Dip
In post-trial trading, shareholders voiced apprehension over potential long-term AI liabilities, prompting a modest decline in Microsoft’s stock. Questions focused on indemnification terms and the financial exposure tied to AI deployments.
3. Nvidia Outperforms Peers
While Microsoft shares eased, Nvidia stock climbed as investors shifted toward its AI-hardware leadership. The divergence highlights market preference for pure-play semiconductor exposure amid broader tech caution.