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Crypto Prune > Market > Sam Altman Subpoenas Subpoena During Public Event in San Francisco
Market

Sam Altman Subpoenas Subpoena During Public Event in San Francisco

4 months ago 3 Min Read

OpenAI CEO Sam Altman received the subpoena during a live discussion with Golden State Warriors coach Steve Kerr at the Sidney Goldstein Theater in San Francisco. The event, organized by civic leader Manny Ekutiel, was interrupted by a man from the audience who jumped on stage claiming to deliver a subpoena. Ekutiel intervened to try to stop the man before he was escorted away by security. The document was handed over to the theater staff and after a short hiatus the program resumed.

Sam Altman received a summons on stage: pic.twitter.com/3WvwASWNBr

—unusual_whales (@unusual_whales) November 7, 2025

The San Francisco Public Defender’s Office later confirmed that the man was one of its investigators and was legally working for Altman. Spokesperson Valerie Ibarra told SFGATE that Altman was named as a witness in the ongoing criminal case after previous attempts to contact him online with OpenAI headquarters were unsuccessful.

Activist group links subpoena to upcoming trial

Activist group Stop AI claimed responsibility for the service, saying the subpoenas were related to upcoming court proceedings involving members charged with nonviolent protests against OpenAI. The organization previously called artificial intelligence an “existential threat to humanity” outside the company’s San Francisco office.

OpenAI faces questions over funding and structure

The subpoena comes as OpenAI seeks U.S. government assistance in securing funding for large-scale AI chip and data center projects. Chief Financial Officer Sarah Friar, speaking at the Wall Street Journal’s TechLive conference, said the company is not considering going public at this time. “We’re not looking at an IPO at this point,” Friar said, noting that OpenAI is focused on expanding its business following a recent corporate restructuring.

See also  Brazilian exchange Mercado Bitcoin outlines 6 crypto trends that will shape the market in 2026

OpenAI reorganized from a for-profit corporation to a public benefit corporation in late October as part of a new deal with Microsoft that valued the company at $500 billion. The nonprofit parent company, OpenAI Foundation, owns 26% of the stock and retains long-term control.

Frier added that the company is exploring potential partnerships with private equity firms, banks, and possibly government agencies to reduce the cost of financing AI infrastructure. She explained that the depreciation risk of expensive AI hardware makes traditional financing impractical without external guarantees.

Related: Robinhood faces EU regulatory scrutiny over new OpenAI and SpaceX stock tokens

Disclaimer: The information contained in this article is for informational and educational purposes only. This article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the use of the content, products, or services mentioned. We encourage our readers to do their due diligence before taking any action related to our company.

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