The judge this month denied Musk's request to pause OpenAI's transition to a for-profit model, but agreed to an expedited ...
The legal battle between Elon Musk and OpenAI over the AI company’s for-profit transition is moving to trial faster than ...
Top tech firms are set to surpass $500 billion in annual AI spending by the early 2030s, driven by advancements from DeepSeek ...
OpenAI stated that its board of directors has unanimously rejected Elon Musk's $97.4 billion takeover offer. "OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest ...
Elon Musk recently attempted an unsolicited takeover of OpenAI that was rejected by CEO Sam Altman and OpenAI's nonprofit board. Now the creator of ChatGPT reportedly wants to make sure that any ...
OpenAI is considering granting new voting rights to its nonprofit board in a move that could help it fight an unsolicited takeover bid from Elon Musk, the Financial Times reported last night.
A U.S. judge on Tuesday denied billionaire Elon Musk’s request for a preliminary injunction to pause OpenAI’s transition to a for-profit model but agreed to a fast-track trial in the fall of this year ...
To fend off future hostile takeover attempts, OpenAI is considering giving its nonprofit board special voting rights, according to a new report in the Financial Times. The rights would allow the ...
OpenAI execs are reportedly considering granting the company's non-profit board more powers in the wake of an unsolicited takeover bid from Elon Musk. According to the Financial Times, the AI ...
OpenAI is exploring governance changes that would grant its nonprofit board enhanced voting rights to prevent a hostile takeover by Elon Musk. This move follows Musk’s $97.4 billion bid ...
Elon Musk’s bid in court to block Sam Altman from restructuring OpenAI will be expedited for a trial in the fall of this year, a judge said.