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Elon Musk gatecrashes OpenAI restructuring - Financial Times
1 day ago · Coming to a deal on the OpenAI restructuring was never going to be simple. Musk’s gatecrashing at a minimum will now add a bright spotlight on the negotiations and, specifically, …
Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI
1 day ago · OpenAI was valued at $157 billion in its last funding round, cementing its status as one of the most valuable private companies in the world. SoftBank Group is in talks to lead a …
Altman Says OpenAI Is ‘Not for Sale’ After Musk’s Offer
1 day ago · Musk competes with OpenAI through xAI, his own artificial intelligence startup, and has sued the company alleging they violated their founding mission by prioritizing profit over …
Exclusive: OpenAI is not for sale, Altman says - Axios
1 day ago · OpenAI is not for sale — and particularly not to Elon Musk, CEO Sam Altman told Axios on the sidelines of the AI Action Summit in Paris. Why it matters: Altman's comments …
How Elon Musk $97.4 Billion Bid Complicates Matters for OpenAI
1 day ago · PARIS (AP) — 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 …
OpenAI lays out its for-profit transition plans - TechCrunch
Dec 27, 2024 · But in a blog post published Friday, the company says it plans to begin transitioning its existing for-profit into a Delaware Public Benefit Corporation (PBC), with …
What the Heck Is Going On At OpenAI? - The Hollywood Reporter
Oct 4, 2024 · The exit of OpenAI ‘s chief technology officer Mira Murati announced on Sept. 25 has set Silicon Valley tongues wagging that all is not well in Altmanland — especially since …
OpenAI Isn’t Going Bankrupt, But It Has A Business Model Problem - Forbes
Aug 18, 2023 · Experts predict that OpenAI will be bankrupt. Large Language Models and generative AI does not create a moat. But there are other ways to protect OpenAI's investment.
OpenAI announces plan to transform into a for-profit company
Dec 27, 2024 · OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will replace the company’s existing structure with …
OpenAI says it needs 'more capital than we’d imagined' as it lays out …
Dec 27, 2024 · OpenAI said Friday that in moving toward a new for-profit structure in 2025, the company will create a public benefit corporation to oversee commercial operations, removing …