How Musk’s $97.4B bid could gum up OpenAI’s for-profit conversion
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On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. The unsolicited buyout would be financed by Musk’s AI company, xAI, and a consortium of outside investors, per a letter sent to California and Delaware’s attorneys general. OpenAI CEO Sam Altman quickly dismissed Musk’s bid, […]
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The post How Musk’s $97.4B bid could gum up OpenAI’s for-profit conversion appeared first on Startup Reporter.
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