Latest in Elon Musk Says He Will Drop OpenAI Bid if Company Keeps Corporate Structure
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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.The New York Times - 5d -
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Billionaire’s lawyers say offer will be withdrawn if firm he helped found a decade ago ‘preserves the charity’s mission’.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 - 5d -
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 - 6d -
OpenAI Rejects Elon Musk’s $97.4 Billion Bid for Control of the Company
Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk is separately raising money for his A.I. start-up, xAI.The New York Times - 4d -
OpenAI rejects $97.4bn Musk bid and says company is not for sale
Maker of ChatGPT rebuffs consortium led by Tesla owner and rejects ‘latest attempt to disrupt his competition’. OpenAI on Friday rejected a $97.4bn bid from a consortium led by billionaire Elon ...The Guardian - 4d -
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 - Feb. 11 -
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 - Feb. 10 -
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 - Feb. 11 -
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 - Feb. 11 -
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 - Feb. 11 -
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 - 6d -
OpenAI rejects Elon Musk's $97.4 billion takeover bid
OpenAI attorney William Savitt said the proposal "is not in the best interests of OAI's mission and is rejected."CBS News - 4d -
OpenAI's board rejects bid from Elon Musk-led group
OpenAI's board rejected a $97.4-billion bid by an Elon Musk-led investment group to buy the San Francisco startup. OpenAI's board chair said the company is not for sale.Los Angeles Times - 3d -
Musk will withdraw OpenAI bid if ChatGPT maker stays nonprofit, lawyers say
OpenAI was initially founded as a nonprofit in 2015, and later converted to a "capped profit" model in 2019.CNBC - 5d -
Musk Says He’ll Withdraw $97.4 Billion Bid for OpenAI on 1 Condition
Elon Musk and Sam Altman, OpenAI’s CEO, have a long-running feud.Inc. - 5d -
OpenAI rejects Musk's takeover offer, says it was 'not a bid at all'
OpenAI sent a short letter to Elon Musk's lawyer Friday, rejecting the billionaire's acquisition offer.CNBC - 3d -
Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid
Tesla shares fell 6% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market cap.CNBC - 6d -
ChatGPT boss says no thanks to Elon Musk-led $97bn bid
The billionaire's attorney, Marc Toberoff, confirmed he submitted the bid for "all assets" of the company on Monday.BBC News - Feb. 11 -
Sam Altman says 'no thank you' to Musk-led group's bid for control of OpenAI
OpenAI CEO and co-founder Sam Altman appeared to shut down a reported offer from an investor group led by Elon Musk to buy the nonprofit that controls OpenAI, marking the latest back-and-forth ...The Hill - Feb. 10 -
Sam Altman says Musk aims to 'slow down a competitor' with his $97.4 billion bid for OpenAI
Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion. OpenAI CEO Altman said Musk is aiming to "slow down a competitor."CNBC - Feb. 11 -
Musk says he'll withdraw $97.4 billion bid for OpenAI if ChatGPT maker remains nonprofit
Elon Musk says he will abandon his $97.4 billion offer to buy the nonprofit behind OpenAI if the ChatGPT maker drops its plan to convert into a for-profit companyABC News - 5d -
AEW CEO Tony Khan says he wants to keep company private to pass it down to his kids
AEW founder and co-owner Tony Khan says he wants to keep the league privately held so he can one day pass it down to his kids.CNBC - Feb. 7 -
OpenAI turns down Musk's takeover bid
OpenAI’s board of directors has turned down Elon Musk’s $97.4 billion bid to buy the nonprofit that controls the artificial intelligence company. “OpenAI is not for sale, and the board has ...The Hill - 4d -
Musk will drop OpenAI offer if it remains a nonprofit: Lawyers
Tech billionaire Elon Musk will withdraw its bid for OpenAI's non-profit arm if the artificial intelligence firm halts its plans to become a for-profit entity, according to a new court filing. "If ...The Hill - 5d -
OpenAI tells Musk it is 'not for sale' after tech titan's $97 billion bid
ChatGPT-maker OpenAI has rejected a hostile takeover bid from Elon Musk.NBC News - 4d -
Can Musk damage OpenAI even though his bid has failed?
Experts say his real goal is "stymying" its growth potential as his own AI ventures flounder.BBC News - 1d -
Kemp keeps Republicans on edge as he mulls Georgia Senate bid
Georgia Gov. Brian Kemp (R) is at the center of intense speculation as Republicans wait to see whether the popular two-term governor will run against Sen. Jon Ossoff (D-Ga.) next year. Republicans ...The Hill - Feb. 8 -
With Elon Musk watching, Trump says he's giving DOGE even more power
President Donald Trump said Tuesday he was signing an executive order to give tech billionaire Elon Musk more power over the federal workforce, adding to Musk's swift and sweeping consolidation of ...NBC News - Feb. 11 -
Elon Musk-led investor group offers $97.4 billion for control of OpenAI
Billionaire Elon Musk is leading a group of investors in a $97.4 billion bid to take control of artificial intelligence pioneer OpenAI.CBS News - Feb. 10 -
Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports
Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The Wall Street Journal reported on Monday.NBC News - Feb. 10 -
Elon Musk-led consortium offers $100bn to take control of OpenAI
Bid complicates chief Sam Altman’s plans to turn artificial intelligence group into for-profit companyFinancial Times - Feb. 11 -
Elon Musk Just Hurled a $97.4 Billion Curveball at OpenAI
The unsolicited bid raises the stakes for Sam Altman to turn the company into a for-profit.Inc. - Feb. 11 -
OpenAI Board Rejects $97.4 Billion Offer From Elon Musk
This is Musk’s plan to stop the startup from becoming a for-profit firm.Inc. - 3d -
Elon Musk’s mass government cuts could make private companies millions
Defense and tech firms – including Musk’s own – await potential contracts as Doge decimates US agencies. The world’s richest man, Elon Musk , has vowed to oversee a radical hollowing out of ...The Guardian - 2d -
Trump says Nippon will "invest heavily" in U.S. Steel and drop ownership bid
President Trump said Friday that Japan's Nippon Steel will drop its $14.1 billion bid to acquire U.S. Steel and instead "invest heavily" in the company.CBS News - Feb. 7 -
Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI, WSJ Reports
In response to the news, OpenAI CEO Sam Altman wrote: ‘no thank you but we will buy twitter for $9.74 billion if you want’.Inc. - Feb. 10 -
Altman brushes off Musk’s bid for OpenAI control as rocky saga hits next level
Elon Musk and Sam Altman have sparred over the future of OpenAI and more since Musk left the company.MarketWatch - Feb. 11 -
White House says Elon Musk is not part of DOGE
The White House said Monday that Elon Musk is technically not part of the Department of Government Efficiency (DOGE), even though the tech billionaire is said to be leading its sweeping ...The Hill - 10h -
Elon Musk defends federal cuts, insists he has no conflict of interest
During a joint press conference appearance with President Trump Tuesday in the Oval Office, Elon Musk said his DOGE group was fighting waste, and defended the deep cuts that he has been making. ...CBS News - 6d