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Judge denies Elon Musk’s bid to stop OpenAI from becoming a for-profit company

Reuters  —  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, the latest turn in the high-stakes legal fight. Musk does not have “the high burden required for a preliminary …

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Elon Musk will withdraw his nearly $100 billion bid for OpenAI if it remains a nonprofit

CNN  —  Elon Musk says he is prepared to drop his attempt to buy OpenAI if the ChatGPT maker maintains its unusual current structure in which the world’s leading and most valuable AI company is operated by a nonprofit. The battle for OpenAI, which has become deeply personal as it has spilled out into the …

The post Elon Musk will withdraw his nearly $100 billion bid for OpenAI if it remains a nonprofit appeared first on Egypt Independent.

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