Profit Distribution Openai

OpenAI, Elon Musk

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.

The Wall Street Journal on MSN · 10h

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.

Digital Trends on MSN · 1d

Musk won’t chase OpenAI with his billions as long as it stays non-profit

A court filing on behalf of Musk claims the billionaire will withdraw his $97.4 billion bid aimed at OpenAI if the company remains a non-profit.

TechCrunch2d

How Musk’s $97.4B bid could gum up OpenAI’s for-profit conversion

For background, OpenAI was founded as a nonprofit before transitioning to a “capped-profit” structure in 2019. The nonprofit is the sole controlling shareholder of the capped-profit OpenAI ...

DMR News (English) on MSN2d

OpenAI and Microsoft Pursue Equity and Safety in AGI Development

OpenAI, in partnership with Microsoft, continues to advance the frontiers of artificial intelligence, particularly in the ...

Fox Business3d

Musk-led group of investors submit unsolicited bid of $97.4B to take over OpenAI: report

A group of investors led by billionaire Elon Musk has offered $97.4 billion to take control of OpenAI, fueling his feud with Sam Altman over ChatGPT, which is behind the artificial intelligence ...

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OpenAI, Elon Musk

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