The high-stakes trial between Elon Musk and Open AI kicking off just moments ago.

Kate Rooney outside the courthouse in Oakland with what we should expect.

Hi, Kate.

Hey, Mike.

So jury selection is underway here in the Elon Musk for Sam Altman trial.

Elon Musk for some context here, suing Open AI.

And its CEO, Sam Altman, as well as President Greg Brockman and Microsoft

is also a co-defendant. Musk, of course, was a co-founder of Open AI. He alleges he was deceived

into funding the company under the guise of a non-profit mission. So Musk's lawyers now claim

the move to a for-profit structure and then the multi-billion dollar deal with Microsoft

that actually was updated this morning does violate that original charitable trust.

So Musk team recently dropped the fraud charges now just focused on two claims here in this

trial.

So first, breach of charitable trust.

Musk team says that the founding promise was to keep open eye

an open source nonprofit and then prevent any tech giant. So Google at the time, Microsoft as

well, from monopolizing that technology. The second claim that's being talked about here is

unjust enrichment. Musk claims that Altman and Brockman used his funding and his prestige to build Open AI into what is now an $800 billion company that they now allegedly profit from personally. Musk is seeking up to $134 billion in damages, which he says he would donate to the Open AI charity, plus the removal of Altman and Brockman from their leadership roles, also unwinding the recent

restructuring the company did in the fall. All of these moves guys could, of course, harm Open AIs.

Potential IPO we're hearing could come as soon as the end of this year.

Open AI, though, dismissing those claims as baseless. Here's what Open AI, CFO, Sarah Fryer,

said about it last week on the show.

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