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

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 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 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

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 company

Financial Times - 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

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

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

Musk gatecrashes OpenAI restructuring

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

Financial Times - Feb. 11

Why Trump wants Ukraine’s minerals

Vast estimated deposits of lithium and titanium have yet to be significantly developed

Financial Times - 1d

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

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 - 5d

Why ditching the penny may not cost Americans much

Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.

MarketWatch - Feb. 10

Why Trump wants an American sovereign wealth fund

The US does not really need a state investment vehicle — it is one already

Financial Times - Feb. 7

Why Trump wants to impose reciprocal tariffs

President Trump announced a plan for reciprocal tariffs on U.S. trading partners, marking another step in his challenge to the economic consensus that tariffs increase consumer prices. The ...

CBS News - 6d

Elon Musk Thinks Air Traffic Control Needs Innovation. Does it?

Musk’s delusions are powered by a common illusion.

Inc. - Feb. 7

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

Musk-led investor group offers $97.4 billion for OpenAI — Altman declines

According to The Wall Street Journal, Elon Musk and a group of investors are offering $97.4 billion to take control of OpenAI.

CNBC - Feb. 10

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

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

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

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 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 $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'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

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. - 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 - 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

Musk's xAI releases Grok-3, touting a new rival to OpenAI and DeepSeek

Elon Musk’s AI startup has launched its newest model with some grand claims — including that it can outperform leading models from the U.S. and China.

NBC News - 2d

Elon Musk Does Not Want to Buy TikTok

The mogul says acquiring already-established companies like TikTok is not really his style.

Inc. - Feb. 8

Why Arab states may not go along with Trump's Gaza plans

President Trump insisted on his plans to take Gaza during his White House meeting with Jordan's King Abdullah II. Mr. Trump is proposing displacing Palestinians to nearby Jordan and Egypt. CBS ...

CBS News - Feb. 11

Falling inflation-adjusted yields have cheered investors. Why it may not last.

The yield on 10-year Treasury inflation-protected securities probably won’t keep falling this year despite its recent retreat, according to Capital Economics.

MarketWatch - Feb. 12

Robinhood had a huge quarter thanks to crypto — here’s why that may continue

These latest earnings show that Robinhood benefited from the recent crypto bull run, and it could encourage Robinhood to push farther into crypto.

MarketWatch - Feb. 13

Latest in Why Musk may want to control OpenAI

Topics