Elon Musk's $97 Billion OpenAI Bid

OpenAI considers new powers for its nonprofit board to fend off hostile takeover from Elon Musk
OpenAI is considering granting special voting rights to its nonprofit amid its transition to a for-profit company. By giving the board special voting rights, the company would be able to address criticism it had moved away from its mission of creating AI for the benefit of humanity.
Elon Musk will withdraw bid for OpenAI’s nonprofit if its board agrees to terms
A lawyer for Elon Musk said the billionaire will withdraw his bid for OpenAI's nonprofit if OpenAI's board of directors agree to terms.
Musk will pull OpenAI bid if ChatGPT maker remains non-profit, lawyers say
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.
Elon Musk Says He Will Drop OpenAI Bid if Company Preserves Nonprofit Mission
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.
Elon Musk said he'll drop $97.4 billion OpenAI bid if it remains a nonprofit
Elon Musk said in a Wednesday filing he'll withdraw his bid for the nonprofit controlling OpenAI if it's "prepared to preserve the charity's mission."
Elon Musk will withdraw his nearly $100 billion bid for OpenAI if it remains a nonprofit
Elon Musk says he is prepared to drop his attempt to buy OpenAI if the ChatGPT maker maintains its current structure.
Musk will withdraw OpenAI bid if ChatGPT maker stays nonprofit, lawyers say
Musk and a consortium of investors previously launched a bid to acquire OpenAI’s non-profit arm for $97.4 billion. OpenAI CEO Sam Altman has rebuffed the offer, telling CNBC that the move is just an effort by Musk to “slow down a competitor.
OpenAI considers taking drastic action to stop Elon Musk
Elon Musk continued to make announcements that stopped people in their tracks by submitting an offer to acquire OpenAI. The artificial intelligence (AI) startup responsible for building ChatGPT is one of the most closely watched companies in the tech space,
Elon Musk's $97.4 Billion AI Bid: OpenAI, ChatGPT & the Future of Artificial Intelligence
If you have any questions, connect with me on LinkedIn: Email me at: [email protected] Elon Musk's $97.4 Billion OpenAI Takeover Bid: What's REALLY Going On? Elon Musk is leading a group of investors with a $97.
Elon Musk attempts hostile takeover of OpenAI…
Elon Musk has launched a hostile takeover bid to take control over the non-profit assets of OpenAI. Let's look into the details of OpenAI's corporate structure and the likelihood Elon's takeover is successful.
OpenAI Considers Governance Shift as Sam Altman Resists Elon Musk’s $97B Takeover
On Feb. 10, a group of investors led by Elon Musk offered to buy OpenAI's nonprofit arm for $97 billion. OpenAI and its CEO Sam
Hosted on MSN19h
OpenAI Restructuring to Strengthen Non-Profit Board’s Voting Power
OpenAI is considering a strategic move to fortify its non-profit board with special voting rights, aiming to thwart future hostile takeover attempts. The decision comes in the wake of a $97.4 billion ...
The Wall Street Journal on MSN6d
Musk Says He Will Pull Bid if OpenAI Remains a Nonprofit
The unsolicited offer has complicated OpenAI CEO Sam Altman’s plans for the ChatGPT maker’s future.
Vox6d
Why Elon Musk offered to buy the OpenAI nonprofit
OpenAI’s nonprofit to for-profit transition To make sense of Musk’s out-of-nowhere bid for OpenAI, you need some background on OpenAI’s controversial conversion from a nonprofit to a for ...
Editorial: Musk’s bid for OpenAI exposed the non-profit’s hypocritical theft of copyrighted work
Musk’s gambit highlights the hypocrisy of OpenAI’s business model in which it masquerades as a nonprofit despite being ...
eWeek7d
Musk Doesn’t Want OpenAI if it Remains a Nonprofit
A court filing stated that, if OpenAI stops its restructuring, Elon Musk will withdraw his $97.4 billion proposal to buy the ...
SiliconRepublic2d
OpenAI reportedly considering special voting rights for nonprofit
ChatGPT maker OpenAI is weighing up new measures that could allow the nonprofit board to overrule major investors in the ...