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 - 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 - 6d

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 - 5d

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

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 - Feb. 11

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 - Feb. 12

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 - Feb. 13

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. - Feb. 13

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 - 6d

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 - 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 - 5d

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 - 5d

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 - 3d

OpenAI chief: Musk purchase offer an effort to 'slow us down'

OpenAI CEO and co-founder Sam Altman brushed aside Elon Musk's bid to take control of the ChatGPT maker, calling it an effort to "slow us down." "OpenAI is not for sale," Altman told Bloomberg's ...

The Hill - Feb. 11

OpenAI seeks new powers to fend off hostile takeover from Elon Musk

Start-up in talks over ways to allow its non-profit board to maintain control after conversion to a for-profit business

Financial Times - 2d

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

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

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 - Feb. 12

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 company

ABC News - Feb. 13

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 - Feb. 13

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 - Feb. 13

OpenAI CFO talks possibility of going public, says Musk bid isn't a distraction

The interview with finance chief Sarah Friar comes during a pivotal time, with the startup reportedly in talks to close a $40 billion investment from SoftBank.

CNBC - 7h

Spirit Airlines again rejects Frontier takeover bid

Spirit Airlines again rejected Frontier Airlines’s latest takeover bid, opting to instead focus on its restructuring process to bolster financial stability. Spirit, an ultra-low-cost airline, shut ...

The Hill - Feb. 12

Musk gatecrashes OpenAI restructuring

Ongoing operatic rivalry between billionaire and OpenAI chief Sam Altman remains major subtext

Financial Times - Feb. 11

Inside Elon Musk's government takeover

A tech-focused media outlet has become a premiere source for breaking news on Elon Musk, his inner circle and their efforts to reshape the federal government. Katie Drummond, global editorial ...

CBS News - Feb. 7

The courts stand between Musk and a Treasury takeover

Doge’s efforts to infiltrate the plumbing of the federal government should scare everyone

Financial Times - Feb. 10

Elon Musk Is Leading a ‘Hostile Takeover of the Federal Government’

His mandate under President Trump “truly is unprecedented in U.S. history.”

The New York Times - 2d

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 - Feb. 13

Why Musk may want to control OpenAI

Tech billionaire Elon Musk’s bid to take control of OpenAI is fanning the flames of a longtime feud with co-founder and CEO Sam Altman and complicating the path forward for the popular ...

The Hill - 4d

Elon Musk’s Takeover Is Causing Rifts in Donald Trump’s Inner Circle

“He’s getting too big for his breeches,” says one Trumpworld source.

Wired - Feb. 5

Can anyone stop Elon Musk’s hostile takeover of the US government?

The billionaire’s aggressive efficiency drive has critics warning of a constitutional crisis. Allies say he’s just getting started

Financial Times - Feb. 7

Elon Musk denies 'hostile takeover' of government in surprise White House appearance

The world's richest man took questions for the first time since he was appointed to lead a sweeping government cost-cutting effort.

BBC News - Feb. 12

Musk’s takeover of US health agencies raises pandemic threat, experts warn

Doge wreaks havoc on HHS and CDC as Trump seeks to grant committee sweeping governmental powers. The so-called “department of government efficiency”, the Donald Trump -created program known as ...

The Guardian - 5d

Transfer rumors, news: Barcelona turn down Van Dijk, Kimmich moves

Barcelona have turned down the chance to sign both Joshua Kimmich and Virgil van Dijk. Transfer Talk has the latest news, gossip and rumors.

ESPN - 4d

Latest in OpenAI turns down Musk's takeover bid

Topics