Elon Musk's bid to block OpenAI's for-profit transition rejected by judge
1 week, 4 days ago

Elon Musk's bid to block OpenAI's for-profit transition rejected by judge

The Hindu  

A U.S. court on Tuesday denied billionaire entrepreneur Elon Musk a preliminary injunction he was seeking against ChatGPT-maker OpenAI's efforts to convert into a for-profit firm. U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California said Musk has not met "the high burden required for a preliminary injunction" to block the conversion of OpenAI to a for-profit status. Musk filed a lawsuit against OpenAI and its CEO Sam Altman last year, saying OpenAI's founders originally approached him to fund a nonprofit focused on developing AI to benefit humanity, but that it is now focused on making money. He later expanded the lawsuit to add federal antitrust and other claims, and in December asked the judge presiding over the case to stop OpenAI's transition into a for-profit.

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History of this topic

Elon Musk’s feud with OpenAI CEO Sam Altman, explained
6 days, 21 hours ago

Elon Musk’s feud with OpenAI CEO Sam Altman, explained

LA Times  

A bitter rift between two Silicon Valley billionaires could shape the future of the fast-growing artificial intelligence industry. “OpenAI’s conduct could have seismic implications for Silicon Valley and, if allowed to stand, could represent a paradigm shift for technology start-ups,” Musk said in court records filed last year. Musk said he invested significant money, helped recruit talent under that premise, …

Musk to Face Questioning in Suit Over Twitter Buyout Flip-Flop
1 week, 1 day ago

Musk to Face Questioning in Suit Over Twitter Buyout Flip-Flop

Live Mint  

Elon Musk is set to be questioned under oath about his 2022 acquisition of Twitter Inc. in an investor lawsuit alleging that his on-again off-again move to purchase the social media platform was a ruse to lower its stock price. While Musk has been busy lately as a key adviser to President Donald Trump on government cost-cutting efforts, he’s also …

Elon Musk fails to stop OpenAI’s transition to for-profit business as US Judge says no to injunction
1 week, 4 days ago

Elon Musk fails to stop OpenAI’s transition to for-profit business as US Judge says no to injunction

Firstpost  

Musk had argued that OpenAI’s co-founders, including Altman, misled him into funding the startup under the pretense that it would remain a nonprofit. The judge, however, said he failed to demonstrate that an injunction against OpenAI was necessary A US judge on Tuesday denied Elon Musk’s request to block OpenAI from transitioning into a for-profit business. US District Judge Yvonne …

Judge rejects Elon Musk's bid to block OpenAI's for-profit transition
1 week, 4 days ago

Judge rejects Elon Musk's bid to block OpenAI's for-profit transition

Deccan Chronicle  

A US court on Tuesday denied billionaire entrepreneur Elon Musk a preliminary injunction he was seeking against ChatGPT-maker OpenAI's efforts to convert into a for-profit firm. U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California said Musk has not met "the high burden required for a preliminary injunction" to block the conversion of OpenAI to a for-profit status. Marc Toberoff, …

Judge denies Elon Musk's request to block OpenAI for-profit conversion but welcomes trial
1 week, 4 days ago

Judge denies Elon Musk's request to block OpenAI for-profit conversion but welcomes trial

Hindustan Times  

OAKLAND, Calif. — A federal judge has denied Elon Musk's request for a court order blocking OpenAI from converting itself to a for-profit company but said she could expedite a trial to consider Musk's claims against the ChatGPT maker and its CEO. Judge denies Elon Musk's request to block OpenAI for-profit conversion but welcomes trial U.S. District Judge Yvonne Gonzalez …

Judge denies Elon Musk’s request to block OpenAI for-profit conversion but welcomes trial
1 week, 4 days ago

Judge denies Elon Musk’s request to block OpenAI for-profit conversion but welcomes trial

Associated Press  

OAKLAND, Calif. — A federal judge has denied Elon Musk’s request for a court order blocking OpenAI from converting itself to a for-profit company but said she could expedite a trial to consider Musk’s claims against the ChatGPT maker and its CEO. She offered to hold a trial in her California courtroom as soon as this fall, “given the public …

Judge denies Elon Musk’s bid to stop OpenAI from becoming a for-profit company
1 week, 4 days ago

Judge denies Elon Musk’s bid to stop OpenAI from becoming a for-profit company

CNN  

Reuters — A U.S. judge on Tuesday denied billionaire Elon Musk’s request for a preliminary injunction to pause OpenAI’s transition to a for-profit model but agreed to a fast-track trial in the fall of this year, the latest turn in the high-stakes legal fight. Musk does not have “the high burden required for a preliminary injunction” to block the conversion …

Elon Musk takes another dig at OpenAI CEO, calls him ‘Scam Altman’ over a resurfaced video about THIS claim…
2 weeks, 5 days ago

Elon Musk takes another dig at OpenAI CEO, calls him ‘Scam Altman’ over a resurfaced video about THIS claim…

Live Mint  

Tech billionaire Elon Musk has once again taken a jibe at OpenAI CEO Sam Altman, referring to him as ‘Scam Altman’ in a fresh round of feud between the two moguls. I have no equity in OpenAI.” He further emphasised, “I’m doing this because I love it.” Musk’s sarcastic rebuke suggests he remains unconvinced by Altman’s altruistic stance. However, Altman …

Smartest AI on earth: Elon Musk unveils plans to release Grok 3
Trending News
1 month ago

Smartest AI on earth: Elon Musk unveils plans to release Grok 3

Deccan Chronicle  

Billionaire Elon Musk had teased tech enthusiasts with the launch date reveal of the much hyped next generation AI chatbot model -- Grok 3. Meanwhile, OpenAI's board chairman on Friday said it has unanimously rejected Elon Musk's offer to buy the hot artificial intelligence company for $97.4 billion. "OpenAI is not for sale, and the board has unanimously rejected Mr. …

Viral video: Sam Altman blasts Elon Musk says, ‘his whole life is from a position of insecurity’
Trending News
1 month ago

Viral video: Sam Altman blasts Elon Musk says, ‘his whole life is from a position of insecurity’

Live Mint  

Sam Altman and Elon Musk have had a complicated relationship over the years, from teaming up to create OpenAI to now being bitter rivals. While Musk has had feuds with many American entrepreneurs in the past, including Amazon founder Jeff Bezos and Meta boss Mark Zuckerberg, the dispute with Altman appears to be much more personal for the Tesla CEO. …

OpenAI board unanimously rejects Musk-led group's $97.4bn offer, says company 'is not for sale'
Trending News
1 month ago

OpenAI board unanimously rejects Musk-led group's $97.4bn offer, says company 'is not for sale'

Firstpost  

The OpenAI board has unanimously rejected an offer of $97.4 billion from a consortium led by Tesla CEO Elon Musk. Image Credit: Reuters OpenAI’s board on Friday rejected a whopping $97.4 billion from a consortium led by Tesla CEO Elon Musk, eying to buy ChatGPT. He rebuffed the offer on Monday with a “no thank you” on X, prompting Musk …

OpenAI board unanimously rejects Musk-led group's $97.4bn offer, says company 'is not for sale'
1 month ago

OpenAI board unanimously rejects Musk-led group's $97.4bn offer, says company 'is not for sale'

Firstpost  

The OpenAI board has unanimously rejected an offer of $97.4 billion from a consortium led by Tesla CEO Elon Musk. Image Credit: Reuters OpenAI’s board on Friday rejected a whopping $97.4 billion from a consortium led by Tesla CEO Elon Musk, eying to buy ChatGPT. He rebuffed the offer on Monday with a “no thank you” on X, prompting Musk …

OpenAI board unanimously rejects Elon Musk’s $97.4 billion proposal
Top News
1 month ago

OpenAI board unanimously rejects Elon Musk’s $97.4 billion proposal

The Hindu  

OpenAI says its board of directors has unanimously rejected a $97.4 billion takeover bid by Elon Musk. “OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition," said a statement Friday from Bret Taylor, chair of OpenAI's board. OpenAI attorney William Savitt in a letter to Musk's attorney Friday said the …

OpenAI board rejects Elon Musk's $97.4 billion offer
1 month ago

OpenAI board rejects Elon Musk's $97.4 billion offer

Hindustan Times  

OpenAI on Friday rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale and that any future bid would be disingenuous. {{^userSubscribed}} {{^usCountry}} {{/usCountry}} {{#usCountry}} {{/usCountry}} {{/userSubscribed}} {{^userSubscribed}} {{^usCountry}} {{/usCountry}} {{#usCountry}} {{/usCountry}} {{/userSubscribed}} The unsolicited approach is Musk's latest attempt to block the startup he co-founded …

OpenAI board rejects Elon Musk's $97.4 billion offer
1 month ago

OpenAI board rejects Elon Musk's $97.4 billion offer

Hindustan Times  

OpenAI on Friday rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale and that any future bid would be disingenuous. The unsolicited approach is Musk's latest attempt to block the startup he co-founded with OpenAI CEO Sam Altman — but later left — from becoming …

OpenAI board rejects Elon Musk's $97.4 billion proposal
Trending News
1 month ago

OpenAI board rejects Elon Musk's $97.4 billion proposal

Deccan Chronicle  

OpenAI says its board of directors has unanimously rejected a $97.4 billion takeover bid by Elon Musk.“OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition," said a statement Friday from Bret Taylor, chair of OpenAI's board.OpenAI attorney William Savitt in a letter to Musk's attorney Friday said the proposal “is …

OpenAI board unanimously rejects Musk’s $97.4 billion takeover bid: ‘Not for sale’
Top News
1 month ago

OpenAI board unanimously rejects Musk’s $97.4 billion takeover bid: ‘Not for sale’

Live Mint  

OpenAI has rejected a $97.4 billion bid by Elon Musk to buy the company's non-profit arm. In a statement issued on X, Bret Taylor, OpenAI's chair of Board of Directors reiterated CEO Sam Altman's recent statements that ‘OpenAI is not for sale’ while adding that this is an attempt by Musk to ‘disrupt his competition’. Notably, Musk, backed by a …

OpenAI board ‘unanimously’ rejects Elon Musk’s $97.4 billion bid for company
1 month ago

OpenAI board ‘unanimously’ rejects Elon Musk’s $97.4 billion bid for company

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The board of OpenAI unanimously rejected Elon Musk's $97.4 billion takeover bid, declaring …

OpenAI board declines Elon Musk's $97.4 billion offer: Not for sale
Top News
1 month ago

OpenAI board declines Elon Musk's $97.4 billion offer: Not for sale

India Today  

ChatGPT maker OpenAI's board of directors has unanimously rejected a $97.4 billion takeover bid by tech titan Elon Musk. The development comes days after OpenAI's Sam Altman, who co-founded the AI company with Musk, rebuffed the Tesla CEO's offer and instead offered $9.74 billion to buy his company X. "OpenAI is not for sale, and the board has unanimously rejected …

Sam Altman vs Elon Musk saga continues: OpenAI board officially rejects offer, says not for sale
1 month ago

Sam Altman vs Elon Musk saga continues: OpenAI board officially rejects offer, says not for sale

India Today  

Elon Musk’s offer to buy OpenAI has been in the headlines for the past few days. While Sam Altman denied the offer then and there, the OpenAI board hadn’t responded until now. Taking to X, company’s chief, Bret Taylor stated, “OpenAI is not for sale.” On the behalf of the OpenAI Board of Directors, Taylor said, “the board has unanimously …

OpenAI board unanimously rejects Elon Musk’s $97.4 billion proposal
1 month ago

OpenAI board unanimously rejects Elon Musk’s $97.4 billion proposal

Associated Press  

SAN FRANCISCO — OpenAI says its board of directors has unanimously rejected a $97.4 billion takeover bid by Elon Musk. “OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition,” said a statement Friday from Bret Taylor, chair of OpenAI’s board. OpenAI attorney William Savitt in a letter to Musk’s attorney …

Musk says he will agree to take back OpenAI takeover bid, if Sam Altman stops from going for-profit
1 month ago

Musk says he will agree to take back OpenAI takeover bid, if Sam Altman stops from going for-profit

Firstpost  

Despite Altman’s immediate rejection, Musk’s bid could still complicate things for OpenAI’s board. The Wall Street Journal has reported that the offer might push OpenAI’s directors to reassess the nonprofit’s value, particularly as it transitions to a for-profit model Musk, who left OpenAI after his failed attempt to take over the company in 2018, has long been critical of its …

Elon Musk says he’ll withdraw $97.4 billion bid for OpenAI if ChatGPT maker remains nonprofit
1 month ago

Elon Musk says he’ll withdraw $97.4 billion bid for OpenAI if ChatGPT maker remains nonprofit

The Hindu  

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. “If OpenAI, Inc.’s Board is prepared to preserve the charity’s mission and stipulate to take the ‘for sale’ sign off its assets by halting its conversion, Musk will withdraw the bid,” …

Musk says he’ll pull his $97.4 billion OpenAI bid if the ChatGPT maker remains a nonprofit
1 month ago

Musk says he’ll pull his $97.4 billion OpenAI bid if the ChatGPT maker remains a nonprofit

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk has said …

Why are Elon Musk and Sam Altman engaged in a war of words over OpenAI?
1 month ago

Why are Elon Musk and Sam Altman engaged in a war of words over OpenAI?

Al Jazeera  

Two of Silicon Valley’s most prominent tech titans are at loggerheads over the future of the creator of ChatGPT. Musk – the world’s richest man and CEO of Tesla and SpaceX – has filed multiple lawsuits over the past year to stop Altman from restructuring OpenAI from a hybridised nonprofit into a for-profit company. Musk’s lawyers also alleged that Altman …

"OpenAI is not for sale": ChatGPT maker rejects Musk bid for ownership
1 month ago

"OpenAI is not for sale": ChatGPT maker rejects Musk bid for ownership

Salon  

OpenAI's board publicly rejected an attempt to buy the company on Friday, telling the group of bidders led by Elon Musk that the ChatGPT creator isn't up for sale. "OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest attempt to disrupt his competition," the company shared in a statement on the Musk-owned social media platform, …

OpenAI’s board rejects bid from Elon Musk-led group
Trending News
1 month ago

OpenAI’s board rejects bid from Elon Musk-led group

LA Times  

Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla’s design studio in Hawthorne, Calif., in 2019. The feud between Elon Musk and rival Sam Altman took a new turn on Friday when OpenAI’s board rejected a $97.4-billion offer by an investment consortium led by the Tesla chief executive. “OpenAI is not for sale, and the board has …

OpenAI board rejects Elon Musk-led $97 billion purchase offer
1 month ago

OpenAI board rejects Elon Musk-led $97 billion purchase offer

CNN  

New York CNN — OpenAI’s board of directors has formally rejected a $97.4 billion bid by Elon Musk and other investors to purchase the company. “OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition,” OpenAI Board Chair Bret Taylor said in a statement posted to X on Friday. Musk has …

Elon Musk, Sam Altman spar over $97.4 billion OpenAI bid in court filings
1 month ago

Elon Musk, Sam Altman spar over $97.4 billion OpenAI bid in court filings

Hindustan Times  

The public showdown between Elon Musk and OpenAI Chief Executive Officer Sam Altman over Musk’s $97.4 billion bid for the artificial intelligence startup is heating up in court. In a filing Wednesday, Altman said Musk’s all-cash offer undermines the very claim at the heart of his lawsuit against OpenAI — that its assets can’t be “transferred away” for “private gain.” …

Musk says he’ll withdraw $97.4 billion bid for OpenAI if ChatGPT maker remains nonprofit
1 month ago

Musk says he’ll withdraw $97.4 billion bid for OpenAI if ChatGPT maker remains nonprofit

Associated Press  

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. “If OpenAI, Inc.’s Board is prepared to preserve the charity’s mission and stipulate to take the ‘for sale’ sign off its assets by halting its conversion, Musk will withdraw the bid,” …

OpenAI accuses Elon Musk of contradicting his own lawsuit with takeover bid
Top News
1 month ago

OpenAI accuses Elon Musk of contradicting his own lawsuit with takeover bid

Firstpost  

Musk’s takeover attempt is the latest twist in an escalating battle between the billionaire and the AI firm he co-founded in 2015. His lawsuit, filed last August, argues that OpenAI is violating its original mission by shifting toward a for-profit model In its court filing, OpenAI accused Musk of making “an improper bid to undermine a competitor”, arguing that his …

Grok 3 in final stages, outperforming all chatbots: Elon Musk
1 month ago

Grok 3 in final stages, outperforming all chatbots: Elon Musk

Deccan Chronicle  

Dubai: Elon Musk said on Thursday his AI chatbot, and ChatGPT challenger, Grok 3, is in the final stages of development and will be released in about a week or two. "Grok 3 has very powerful reasoning capabilities, so in the tests that we've done thus far, Grok 3 is outperforming anything that's been released, that we're aware of, so …

Musk will pull OpenAI bid if ChatGPT maker remains a non-profit, lawyers say
1 month ago

Musk will pull OpenAI bid if ChatGPT maker remains a non-profit, lawyers say

Deccan Chronicle  

Elon Musk will withdraw his $97.4 billion bid for OpenAI's non-profit arm if the ChatGPT maker drops its plans to become a for-profit entity, the billionaire's lawyers said in a court filing on Wednesday. "If OpenAI board is prepared to preserve the charity's mission and stipulate to take the "for sale" sign off its assets by halting its conversion, Musk …

Elon Musk sets OpenAI acquisition deadline for May 10, asks for access to all company records
1 month ago

Elon Musk sets OpenAI acquisition deadline for May 10, asks for access to all company records

Firstpost  

According to a recently filed letter of intent, Musk and a group of investors have proposed a $97.375 billion all-cash deal to acquire OpenAI’s operating assets. While OpenAI CEO Sam Altman swiftly dismissed the offer in a tweet, OpenAI’s board has yet to formally respond The $97.4 billion valuation of OpenAI, as stated in the letter, is based on historical …

Musk’s X agrees to pay about $10 million to settle Trump lawsuit
1 month ago

Musk’s X agrees to pay about $10 million to settle Trump lawsuit

Live Mint  

WASHINGTON—Elon Musk’s X has agreed to pay about $10 million to settle a lawsuit that Donald Trump brought against the company and its former chief executive, according to people familiar with the matter. The agreement makes X the second social-media platform to settle litigation that Trump filed when the companies deplatformed him over his role in the Jan. 6, 2021, …

Elon Musk's OpenAI takeover bid contradicts his own legal claims
1 month ago

Elon Musk's OpenAI takeover bid contradicts his own legal claims

India Today  

Billionaire Elon Musk's bid to buy OpenAI, which wants to be a for-profit entity, clashes with his lawsuit arguing that assets of the ChatGPT maker should not be for private gain, OpenAI wrote in a letter it submitted to a federal court on Wednesday. On Monday, a consortium of investors led by Elon Musk offered $97.4 billion to buy the …

Sam Altman claims Elon Musk's bid to buy OpenAI contradicts his lawsuit, says it is a tactic to mess with us
1 month ago

Sam Altman claims Elon Musk's bid to buy OpenAI contradicts his lawsuit, says it is a tactic to mess with us

India Today  

Earlier this week, Elon Musk with a group of investors proposed an offer of $97 billion to buy OpenAI. Soon after saying, "no, thank you" for the offer, OpenAI wrote a letter to the federal court, stating that the bid clashes with his filed lawsuit against the company. Musk's court filings argue that OpenAI's assets should remain within a charitable …

Elon Musk will withdraw OpenAI bid if it remains non-profit: Tesla CEO's lawyers
1 month ago

Elon Musk will withdraw OpenAI bid if it remains non-profit: Tesla CEO's lawyers

India Today  

A consortium led by Elon Musk will withdraw its $97.4-billion bid for OpenAI's non-profit arm if the ChatGPT maker drops plans to become a for-profit entity, the billionaire's lawyers said in a court filing on Wednesday. "If OpenAI board is prepared to preserve the charity's mission and stipulate to take the 'for-sale' sign off its assets by halting its conversion, …

Elon Musk offers to buy OpenAI for $97 billion, Sam Altman says it is not for sale: Full story in 5 points
1 month ago

Elon Musk offers to buy OpenAI for $97 billion, Sam Altman says it is not for sale: Full story in 5 points

India Today  

After quitting as a co-founder, Elon Musk has long been targeting OpenAI and CEO Sam Altman for several reasons. First, he said, "no, thank you", then he said, "OpenAI is not for sale," and lastly the company wrote to the federal court that this move contradicts Musk's lawsuit against the company. Elon Musk vs Sam Altman on OpenAI Elon Musk …

The Dirty Truth Behind Musk and Altman’s Mud Fight
Trending News
55 years, 2 months ago

The Dirty Truth Behind Musk and Altman’s Mud Fight

Slate  

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Altman’s return fire was equally petty, with him refusing via tweet before offering to buy Musk’s social media company X for a decimal-sliding $9.74 billion. company, called xAI, with a large language model chatbot named Grok, and OpenAI sans …

OpenAI boss Sam Altman says Elon Musk is ‘insecure’ in withering dismissal
1 month ago

OpenAI boss Sam Altman says Elon Musk is ‘insecure’ in withering dismissal

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy OpenAI boss Sam Altman says that Elon Musk is an “unhappy” person who …

AI feud: How Musk and Altman's partnership turned toxic
Trending News
1 month ago

AI feud: How Musk and Altman's partnership turned toxic

Raw Story  

The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history, with the Tesla tycoon bidding to buy Altman's OpenAI in an apparent attempt to derail the ChatGPT maker's ascent to becoming one of the world's most important companies. The situation remained relatively quiet until November 2022, when OpenAI's release of ChatGPT created …

Elon Musk an 'unhappy, insecure' person says OpenAI CEO Sam Altman, denies receiving formal offer
1 month ago

Elon Musk an 'unhappy, insecure' person says OpenAI CEO Sam Altman, denies receiving formal offer

Firstpost  

Altma described Musk’s bid as yet another attempt to disrupt OpenAI’s progress. Image Credit: Reuters, Reuters The ongoing rivalry between OpenAI CEO Sam Altman and billionaire entrepreneur Elon Musk has taken a sharp turn, with Altman publicly rejecting Musk’s attempt to buy OpenAI. OpenAI’s firm rejection of Musk’s bid Musk’s offer to buy OpenAI’s for-profit assets for $97.4 billion was …

xAI engineer resigns after tweeting about Grok 3 ahead of the model’s release
1 month ago

xAI engineer resigns after tweeting about Grok 3 ahead of the model’s release

The Hindu  

An AI engineer working at Elon Musk’s xAI has resigned after posting on X that the yet-to-be released, Grok 3, model is not as good as OpenAI’s ChatGPT o1, o1-Pro or o3-mini models at coding. In the X post, Mr. Kraken said he was reprimanded for announcing Grok 3 publicly while Mr. Musk himself has spoken about the upcoming AI …

How Elon Musk $97.4 billion bid complicates matters for OpenAI
1 month ago

How Elon Musk $97.4 billion bid complicates matters for OpenAI

Deccan Chronicle  

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 company. Musk, an early investor and board member, quit OpenAI in 2018 after an internal power struggle left Altman in charge.Their public feud has escalated over the …

’I feel for the guy, not a happy person’: Sam Altman takes dig at Elon Musk over OpenAI bid
1 month ago

’I feel for the guy, not a happy person’: Sam Altman takes dig at Elon Musk over OpenAI bid

Live Mint  

Sam Altman, the CEO of OpenAI, criticised Elon Musk on Tuesday for allegedly offering to pay USD 97.4 billion to purchase the artificial intelligence startup's assets. According to the New York Post, Altman reaffirmed that OpenAI is "not for sale" after Musk and a group of investors made an unsolicited offer. In a Bloomberg Television interview, when asked about Musk's …

Sam Altman attacks Elon Musk over OpenAI bid: ‘Don’t think he's a happy person'
1 month ago

Sam Altman attacks Elon Musk over OpenAI bid: ‘Don’t think he's a happy person'

Hindustan Times  

The Elon Musk versus Sam Altman feud continues to grow stronger as the OpenAI CEO on Tuesday hit out on the 'X' owner's "insecurity", saying that it was a factor in his decision to make a hostile bid for control of the AI tech firm. In an interview with Bloomberg, Altman said, "Probably, his whole life is from a position …

OpenAI's board has not received Elon Musk's takeover bid: Report
1 month ago

OpenAI's board has not received Elon Musk's takeover bid: Report

Hindustan Times  

OpenAI's board has not yet received a formal bid from an Elon Musk-led consortium, although a lawyer for the billionaire said the offer had been sent to OpenAI's outside counsel. OpenAI's board of directors has not yet received a formal bid from Musk's group, a source familiar with the matter told Reuters on Tuesday, adding to the confusion over the …

Elon Musk targets law firms involved in 'anti-democratic cases' against Trump
1 month ago

Elon Musk targets law firms involved in 'anti-democratic cases' against Trump

India Today  

President Donald Trump's billionaire ally Elon Musk on Tuesday directed his ire at US law firms that have teamed up with advocacy groups to challenge the Republican's sweeping policy changes in court. The post was his first to target law firms involved in cases against the Trump administration, though he did not identify a specific firm. The post on law …

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