Bloomberg Businessweek Daily 5/18/2026

Why It Matters

The ruling clears a major legal risk that could have constrained OpenAI’s corporate strategy and fundraising, preserving its path to commercialization and potential IPO plans; investors and partners regain regulatory and strategic clarity. It also comes against a backdrop of large M&A and labor disruptions that could influence energy, transport and tech sector sentiment.

Summary

A jury in California rejected Elon Musk’s lawsuit claiming OpenAI betrayed its public-benefit mission by converting toward a for-profit model, finding his claims time-barred and effectively tossing the case on statute-of-limitations grounds. The quick verdict removes an immediate legal cloud over OpenAI’s ability to pursue investors or an IPO, a result the judge adopted shortly after the jury’s decision. Markets were mixed on the news as traders digested other major developments: NextEra’s proposed $67 billion stock acquisition of Dominion Energy, a worsening Long Island Rail Road strike disrupting New York commutes, and investors eyeing Nvidia and Dell ahead of earnings. Bloomberg reporters noted Nvidia and Dell shares were trading lower amid broader modest declines in major U.S. indices.

Original Description

Today, Matt Schettenhelm, Bloomberg Intelligence Senior Litigation Analyst, breaks down a California's jury's rejection of Elon Musk's claim that Sam Altman betrayed OpenAI's original mission when it became a for-profit business, finding that Musk waited too long to sue his former company. Then, Dr. Doug Lucas, an orthopedic surgeon who leads the clinical side for bone health and longevity science at LifeMD, joins the show live from the New York Stock Exchange to talk bone health and preventing osteoporosis. Plus, Ed Ludlow, host of Bloomberg Tech, sits down with Dell CEO Michael Dell and Nvidia CEO Jensen Huang sit down for an interview on the future of computing at Dell Technologies World Conference. Finally, back at the New York Stock Exchange, Dr. Susan Blumenthal, retired Rear Admiral and former US Assistant Surgeon General, discusses the women's health landscape and the economic gains that can come from centering women's care.

Chapters:

00:00:00 - Bloomberg Businessweek Daily

00:04:51 - Jury Rejects Musk's OpenAI Claims, Saying He Sued Too Late

00:06:28 - Elon Musk Loses Case Against Altman Over OpenAI Future

00:10:34 - LifeMD at the New York Stock Exchange

00:12:14 - Preventing Osteoporosis and Other Bone Issues

00:14:12 - Importance of Bone Health for Longevity

00:17:10 - Nvidia CEO Jensen Huang & Dell CEO Michael Dell on Artificial Intelligence

00:28:08 - Dell CEO Michael Dell Identifies Memory as a Supply Constraint

00:33:09 - Nvidia CEO Jensen Huang Says It's Up to China to Decide on AI Chips

00:41:18 - Senators Worry Health Agency Vacancies Leave US Vulnerable

00:42:07 - CDC Working to Get Americans Out of Ebola Region in Congo

00:43:54 - The Future of Health Care

00:45:30 - Improving Women's Long Term Health Outcomes

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