The AI ​​rivalry between Musk and Altman is reaching boiling point as the IPO race heats up

The AI ​​rivalry between Musk and Altman is reaching boiling point as the IPO race heats up

By Blake Montgomery
Publication Date: 2026-05-26 12:01:00

Hello and welcome to TechScape. I’m your host, Blake Montgomery, US tech editor at the Guardian. Let’s reflect on five turbulent days that could determine the future of AI.

Elon Musk and Sam Altman can’t stop thinking about each other

Control of artificial intelligence lies in the hands of a small group of people. And these people are obsessed with each other. Sam Altman and Elon Musk are engaged in a competition to come out on top with trillions of dollars at stake, and the heated rivalry was clear to see last week.

On Monday, Musk lost his lawsuit against Altman, with whom he co-founded OpenAI in 2015. A federal jury in Oakland, California, found that Altman, OpenAI and its president Greg Brockman were not liable for Musk’s claims that they unjustly enriched themselves and breached a charter agreement they entered into with Musk when they founded the startup.

The verdict, handed down after less than two hours of deliberations, is a sharp rebuke of Musk and his lawyer’s claims that Altman…