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Stocks· May 11, 2026 at 09:31 PM

Microsoft boss 'proud' of profit-making OpenAI investment

Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
NeutralMedium impact

AI summary

Microsoft CEO Satya Nadella said Monday he was "very proud" of his company's profitable early investment in OpenAI, as he took the stand in Elon Musk's blockbuster lawsuit against the leaders of the AI giant behind ChatGPT. Musk -- an early benefactor of the original nonprofit company -- claims Microsoft knowingly helped OpenAI's creators betray their philanthropic mission and turn the firm into a cash cow.Nadella told a jury in Oakland, California, on Monday that Microsoft's investment in the n

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