Latest in Drop Openai Bid
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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 -
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Billionaire’s lawyers say offer will be withdrawn if firm he helped found a decade ago ‘preserves the charity’s mission’.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 -
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 -
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 -
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 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 -
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 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 -
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 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 -
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'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 -
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 -
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 -
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 -
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 -
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 -
Musk gatecrashes OpenAI restructuring
Ongoing operatic rivalry between billionaire and OpenAI chief Sam Altman remains major subtextFinancial Times - Feb. 11 -
Arizona businesswoman launches bid for governor
GOP businesswoman Karrin Taylor Robson announced on Wednesday that she’s launching a bid for Arizona governor in 2026, ending speculation over her next moves. “President Trump is back in the White ...The Hill - 6d -
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - Feb. 7 -
DeepSeek Doesn’t Scare OpenAI, Thanks to the ‘Jevons Paradox’
The economic theory, which traces to 1865, says that as a resource becomes more efficient to use, demand will increase. It came up a lot in A.I. circles last month.The New York Times - 4d -
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 - 2d -
Robbie Williams' bid wins Eric Morecambe's glasses
The singer says he won Eric Morecambe's glasses at auction and regards him as an "uncle of sorts".BBC News - Feb. 9 -
Democrats unveil legislation in bid to halt USAID elimination
A group of House Democrats have introduced legislation in a bid to stop the Trump administration from dismantling the U.S. Agency for International Development (USAID). The bill, led by Rep. Sara ...The Hill - Feb. 11 -
Families bid farewell to victims of Guatemala bus crash
Hours before dawn, Julio Arrivillaga and Catalina Pérez Molina boarded a bus with other residents in the center of the humble village of Santo Domingo Los Ocotes in Guatemala for what should have ...ABC News - Feb. 11 -
Sen. Hagerty announces re-election bid
Sen. Bill Hagerty (R-Tenn.) is running for reelection in 2026, ending speculation about a potential gubernatorial bid to succeed term-limited Tennessee Gov. Bill Lee (R). “I am pleased to announce ...The Hill - 6d -
DeSantis: Wife Casey 'not seeking' Florida governor bid
Florida Gov. Ron DeSantis (R) debunked rumors Tuesday that his wife, Casey, would run for the job he now occupies in 2026. “It's not something that she's seeking out. I think a lot of people are ...The Hill - 6d -
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 - 6d -
Trump administration drops challenge in transgender care dispute
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story DOJ flips on gender-affirming care SCOTUS case President Trump’s Department of Justice switched positions on ...The Hill - Feb. 7