Musk and a consortium of investors previously launched a bid to acquire OpenAI's nonprofit arm for $97.4 billion. OpenAI CEO Sam Altman has rebuffed the offer, telling CNBC that the move is just ...

pits Musk against rival OpenAI CEO Sam Altman in a bid for control of the future of AI. Musk announced Monday that he is leading a group of investors who have offered to buy OpenAI for $97.4 ...

In a court filing on Wednesday, a lawyer for Elon Musk said the billionaire will withdraw his $97.4 billion bid for OpenAI’s nonprofit if the ChatGPT maker’s board of directors “preserve the ...

The ruling comes weeks after Altman rejected a $97.4 billion unsolicited takeover bid from a Musk-led consortium with a “no thank you.” Altman, who has said OpenAI is not for sale, alleges ...

The ruling leaves OpenAI free to continue its transition from nonprofit to for-profit enterprise. Musk's injunction bid argued that OpenAI's co-founders, including chief executive Altman ...

Elon Musk has lost his bid to block Sam Altman from transforming OpenAI into a for-profit entity – but a federal judge signaled Tuesday that she could expedite a trial to consider other elements ...

“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 ...