The mild-mannered entrepreneur finds himself at the center of an Elon Musk takeover drama for the second time.
Elon Musk has reignited his feud with OpenAI CEO Sam Altman, mockingly calling him 'Scam Altman' during a Senate testimony. Musk criticized Altman for lacking equity in OpenAI. This public dispute has intensified with Musk’s $97.
Elon Musk says he will drop his $97.4 billion bid for OpenAI on one condition: CEO Sam Altman must ditch his plan to make it for-profit
"Special voting rights could keep power in the hands of its nonprofit arm in future and so address the Tesla chief's criticisms that Altman and OpenAI have moved away from their original mission of creating powerful AI for the benefit of humanity," the FT wrote.
Elon Musk recently attempted an unsolicited takeover of OpenAI that was rejected. Now the creator of ChatGPT wants to make sure that any future coups from the world's richest man won't be successful.
Elon Musk’s unsolicited $97 billion bid for OpenAI‘s assets has created a valuation challenge for the artificial intelligence leader, potentially complicating its planned transition to a for-profit structure.
Sam Altman said that Elon Musk’s “insecurity” was a factor in his decision to make a hostile $97.4 billion bid to take control of OpenAI.
On Monday, Toberoff disclosed that Musk was leading a group of investors in offering to buy control of OpenAI for $97.4 billion. The offer, which Toberoff said he submitted Monday, was for the nonprofit that oversees the developer of ChatGPT.
In an interview with Bloomberg, Altman says OpenAI is “not for sale” and the bid is the latest of “tactics, many, many lawsuits, all sorts of other crazy stuff, now this” for the “competitor” Musk to “slow us down.
Elon Musk’s xAI claims the newest version of its flagship “Grok” chatbot outperforms rival products offered by the likes of Sam Altman-led OpenAI and China-based DeepSeek — potentially
OpenAI is changing how it trains AI models to explicitly embrace "intellectual freedom … no matter how challenging or controversial a topic may be," the
However, taking control of OpenAI would be more complex due to its charitable mission. Unlike Twitter, OpenAI is structured as a nonprofit organization, adding legal and ethical complications to ...