Elon Musk Says He Will Drop OpenAI Bid if Company Keeps Corporate Structure
In a court filing, Mr. Musk said he and other investors would pull their $97.4 billion bid if OpenAI withdrew its plan to change its structure.
Read more at The New York Times
-
Elon Musk says he’ll drop his $97bn bid for OpenAI if it remains a non-profit
Billionaire’s lawyers say offer will be withdrawn if firm he helped found a decade ago ‘preserves the charity’s mission’. Elon Musk says he will abandon his $97.4bn offer to buy the non-profit ...The Guardian - 2h -
OpenAI Questions Rationale of Elon Musk’s Bid to Control the Company
The company answered the billionaire’s offer in a legal filing, accusing him of hypocrisy.The New York Times - 23h -
How Elon Musk $97.4 billion bid complicates matters for OpenAI
OpenAI CEO Sam Altman has dismissed a $97.4 billion takeover bid led by rival Elon Musk, but the unsolicited offer could complicate Altman’s push to transform the maker of ChatGPT into a for-profit ...ABC News - 1d -
Behind Elon Musk’s Hostile Bid for Control of OpenAI
The tech mogul is unlikely to win. But his goal may be more about making life difficult for the A.I. start-up and its leader, Sam Altman.The New York Times - 2d -
Elon Musk Leads $97.4 Billion Bid to Control OpenAI
The billionaire is leading a group of investors in the unsolicited offer, which complicates the start-up’s plan to raise more money.The New York Times - 2d -
Sam Altman Dismisses Elon Musk’s Bid to Buy OpenAI in Letter to Staff
OpenAI’s CEO claims the company has yet to receive an official offer from Elon Musk’s team, sources say.Wired - 2d -
Sam Altman, Elon Musk feud over OpenAI bid
Sam Altman is reacting to Elon Musk's bid to take over OpenAI. This comes as a global race to dominate the artificial intelligence space grows. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 2d -
Elon Musk Leads $97.4 Billion Bid to Control OpenAI
The billionaire is leading a group of investors in the unsolicited offer, which complicates the start-up’s plan to raise more money.The New York Times - 2d -
Elon Musk-led group makes surprise bid of nearly $100bn for OpenAI
Sam Altman, OpenAI’s CEO and co-founder, responded that he would not accept and offered to buy X instead. Elon Musk escalated his feud with OpenAI and its CEO, Sam Altman, on Monday. The ...The Guardian - 3d
More from The New York Times
-
How Trump Is Gutting Regulatory Agencies Like the SEC, CFPB and EEOC
The furious pace of deregulation is gutting agencies intended to protect ordinary Americans, consumer advocates say. But business groups have long favored regulatory relief.The New York Times - 12h -
Trump’s Funding Freezes Bruise a Core Constituency: Farmers
A rapid-fire array of directives by the Trump administration have left farmers and businesses in rural America reeling.The New York Times - 4h -
As Salaries Boom, It’s a Good Time to Be an NFL Coach
Pay packages, even for first-time coaches, have risen sharply since the 1990s as teams seek those who can turn their franchises into perennial Super Bowl contenders.The New York Times - 13h -
Honda and Nissan Scrap $50 Billion Merger Plan
The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.The New York Times - 13h -
Honda and Nissan Scrap $50 Billion Merger Plan
The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.The New York Times - 13h
More in Business
-
Coinbase revenue surges more than 130%, driven by postelection crypto rally
Coinbase reported better-than-expected fourth-quarter earnings, strengthened by a raging postelection crypto rally at the end of 2024.CNBC - 17m -
Trump denies meddling in Eric Adams case as 6 top prosecutors quit over DOJ order to toss it
New York City Mayor Eric Adams was indicted last fall on bribery, fraud and other charges in Manhattan federal court.CNBC - 18m -
Trump and Modi discuss oil and weapons deal to boost US-India trade
Talks with Indian leader follow US president’s plan to impose reciprocal tariffs on trading partnersFinancial Times - 25m -
GameStop’s stock soars on report of possible bitcoin investment
Shares of GameStop were gaining more than 6% in extended trading Thursday, following a report that the company is weighing a bitcoin investment.MarketWatch - 31m -
How Elon Musk’s ‘DOGE’ playbook could trigger a bear market for stocks
Big cuts in the federal deficit will almost certainly lead to a large reduction in corporate profits.MarketWatch - 33m