AI Leaders Weekly Briefing

May 1, 2026

Elon Musk's trial against OpenAI intensified as the startup restructured its Microsoft deal and faced reports of missed financial targets and more.

• Elon Musk testified in an Oakland courtroom as part of his lawsuit against OpenAI, alleging the company betrayed its original nonprofit mission and was 'his idea' before executives allegedly 'looted' it. ^{1234567891011}
• OpenAI and Microsoft amended their strategic partnership to make their IP license non-exclusive through 2032, a move that allowed OpenAI to promptly sign a multi-year deal to offer its models on Amazon Web Services. ^{1213141516171819}
• Media reports surfaced suggesting OpenAI has missed internal revenue and user growth targets, fueling investor concerns and affecting the stock prices of key infrastructure partners like Nvidia and Oracle. ^{2021222324252627}
• Anthropic is reportedly seeking up to $40 billion in investment from Alphabet, while its implied valuation in private markets has reportedly topped $1 trillion ahead of a potential initial public offering. ^28293031
• OpenAI secured 10GW of U.S. computing capacity several years ahead of its 2029 goal, even as reports suggest the company has pivoted away from its 'Stargate' joint venture in favor of bilateral infrastructure deals. ^32333435
• Anthropic launched 'Mythos,' a new AI model with significant software vulnerability detection capabilities that has sparked both global alarm and calls for Pentagon deployment to secure national cybersecurity. ³⁶³⁷³⁸
• Other notable developments include Mistral's release of the 128B 'Medium 3.5' model, DeepMind's new AI research partnership with South Korea, and ElevenLabs' expansion into AI-powered music creation and discovery. ^39404142

Sources

1. If OpenAI Loses This Trial, It Could Effectively Be Eliminated in Its Current Form Yahoo Finance
2. Oakland judge shuts down Elon Musk's 'extinction' talk in OpenAI trial SFGate
3. Musk vs. OpenAI: Billionaire wanted full control of AI lab heise online
4. Elon Musk testifies at trial that OpenAI's nonprofit status gave it 'halo' Business Standard
5. ...Set Legal Precedent That It s Fine To Loot A Charity? As Jury Selection Concludes In Landmark OpenAI Trial Yahoo Finance
6. Elon Musk says OpenAI was his idea, before executives looted it Khaleej Times
7. Elon Musk to return to witness stand for cross-examination by OpenAI s lawyer Reuters
8. At OpenAI trial, Musk portrays himself as a benefactor of humanity Le Monde
9. Everything you need to know about Elon Musk's OpenAI testimony Mashable
10. Musk Says He ‘Was a Fool’ to Provide OpenAI’s Early Funding The New York Times
11. Elon Musk's trial against Sam Altman to reveal the ongoing power struggle for OpenAI Reuters
12. Satya Nadella says he's ready to 'exploit' the new OpenAI deal TechCrunch
13. Here's how the new Microsoft and OpenAI deal breaks down The Verge
14. OpenAI and Amazon Announce a Multi-Year Strategic Partnership on AI Gadgets 360
15. Amazon and OpenAI announce an expanded deal that will make OpenAI's models available from AWS, a day after OpenAI revised its Microsoft partnership Techmeme
16. Amazon Secures OpenAI Models After Microsoft Drops Exclusive Rights Yahoo Finance
17. OpenAI ends Microsoft legal peril over its $50B Amazon deal TechCrunch
18. OpenAI and Microsoft Strike Truce, Redrawing Once-Tense Partnership The Wall Street Journal
19. OpenAI announces amended Microsoft partnership agreement OpenAI
20. Uninstalls of ChatGPT Are Spiking at the Worst Time Imaginable for OpenAI Futurism
21. OpenAI’s Missed Targets Rattle Investors Forbes
22. Market slumps as OpenAI reportedly misses internal targets for active users and revenue — Nvidia, Oracle, AMD, and CoreWeave shares all tremble on the news Yahoo Finance
23. OpenAI has reportedly missed internal revenue targets and its 1 billion active user goal Shacknews
24. OpenAI CFO flags monetization lag as company prepares for mega IPO Crypto Briefing
25. Data Center-Linked Bonds Slide as OpenAI Report Fuels Worries Bloomberg
26. OpenAI describes a report that it has missed internal goals as “prime clickbait” and says its consumer and enterprise businesses are “firing on all cylinders” Techmeme
27. OpenAI s revenue, growth estimates fall short as company races toward IPO: Report CNBC
28. Alphabet Plans Up to $40B Anthropic Investment to Boost AI Push Yahoo Finance
29. Anthropic leads enterprise AI race but faces mounting competition for the $4 trillion prize Yahoo Finance
30. Anthropic’s Implied Valuation Tops $1 Trillion in Private Markets Ahead of Potential IPO Valdosta Daily Times
31. The AI funding loop: Cloud giants pour billions into Anthropic to sell it back compute DIGITIMES
32. OpenAI says it has signed contracts for 10GW of US AI compute capacity, with 3GW+ added in the past 90 days, hitting a goal it once aimed to reach by 2029 Techmeme
33. OpenAI Meets Key AI Computing Capacity Goal Ahead of Schedule Bloomberg
34. OpenAI advances Stargate compute infrastructure OpenAI
35. Sources: OpenAI has, in practice, abandoned its Stargate JV in favor of large bilateral deals; execs say its guiding principle remains to “build more compute” Techmeme
36. Why Anthropic’s Mythos Is Sparking Global Alarm Bloomberg
37. Mythos effect: Trump administration seeks to end Pentagon's AI standoff, reinstate Anthropic's Claude, says report Mint
38. Slotkin: Pentagon Should Use Anthropic's Mythos To Spot Cyber Security Gaps Defense Daily
39. DeepMind announces AI co-clinician research initiative DeepMind
40. ElevenLabs introduces ElevenMusic platform ElevenLabs
41. Mistral introduces Mistral Medium 3.5 and remote agents in Vibe Mistral
42. DeepMind announces partnership with Republic of Korea DeepMind