Court documents surfaced during the Musk v. Altman trial have revealed that the University of Michigan made a $20 million investment in OpenAI prior to the widespread release of the organization's ChatGPT chatbot.

These records indicate that the university's early financial bet has yielded significant returns. The stake, originally valued at $20 million, now carries a target redemption value of $2 billion, demonstrating the scale of the endowment's appreciation through its position in the firm.

Court documents surfaced during the Musk v. Altman trial have revealed that the University of Michigan made a $20 million investment in OpenAI prior to the widespread release of the organization's ChatGPT chatbot.

These records indicate that the university's early financial bet has yielded significant returns. The stake, originally valued at $20 million, now carries a target redemption value of $2 billion, demonstrating the scale of the endowment's appreciation through its position in the firm.