Billionaire Elon Musk will drop his $97.4 billion bid to buy the nonprofit that controls OpenAI if the company drops its push to convert to a for-profit entity, his legal team says, as a feud ...

Musk and a consortium of investors previously launched a bid to acquire OpenAI's nonprofit arm for $97.4 billion. OpenAI CEO Sam Altman has rebuffed the offer, telling CNBC that the move is just ...

According to a court filing on Wednesday, lawyers for Musk said that the billionaire is willing to withdraw his bid for OpenAI. However, this withdrawal comes with strings. It seems that if OpenAI ...

Elon Musk said he would withdraw his $97.4 billion bid for the nonprofit that controls OpenAI if the board stopped its conversion to a for-profit company. “If [the] OpenAI board is prepared to ...

Elon Musk has lost his bid to block Sam Altman from transforming OpenAI into a for-profit entity – but a federal judge ...

The judge this month denied Musk's request to pause OpenAI's transition to a for-profit model, but agreed to an expedited ...

U.S. District Judge Yvonne Gonzalez Rogers denied Elon Musk’s attempt to pause OpenAI’s for-profit model but agreed to ...

pits Musk against rival OpenAI CEO Sam Altman in a bid for control of the future of AI. Musk announced Monday that he is leading a group of investors who have offered to buy OpenAI for $97.4 ...

Musk does not have "the high burden required for a preliminary injunction" to block the conversion of OpenAI, said U.S.