Musk and a consortium of investors previously launched a bid to acquire OpenAI's nonprofit arm for $97.4 billion. OpenAI CEO Sam Altman has rebuffed the offer, telling CNBC that the move is just ...
OpenAI says its board of directors has unanimously rejected a $97.4 billion takeover bid by Elon Musk. "OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest attempt to ...
Elon Musk said he would withdraw his $97.4 billion bid for the nonprofit that controls OpenAI if the board stopped its conversion to a for-profit company. “If [the] OpenAI board is prepared to ...
According to a court filing on Wednesday, lawyers for Musk said that the billionaire is willing to withdraw his bid for OpenAI. However, this withdrawal comes with strings. It seems that if OpenAI ...
Elon Musk has lost his bid to block Sam Altman from transforming OpenAI into a for-profit entity – but a federal judge signaled Tuesday that she could expedite a trial to consider other elements of ...
U.S. District Judge Yvonne Gonzalez Rogers denied Elon Musk’s attempt to pause OpenAI’s for-profit model but agreed to ...
The rivalry between Elon Musk and OpenAI has reached a new high after the company’s board unanimously rejected Musk’s bid, labeling it as an attempt to disrupt competition. OpenAI chairman ...