{"id":17741,"date":"2025-02-13T21:44:45","date_gmt":"2025-02-13T20:44:45","guid":{"rendered":"http:\/\/costops.com\/index.php\/2025\/02\/13\/elon-musk-says-hell-drop-his-97bn-bid-for-openai-if-it-remains-a-non-profit\/"},"modified":"2025-02-13T21:44:45","modified_gmt":"2025-02-13T20:44:45","slug":"elon-musk-says-hell-drop-his-97bn-bid-for-openai-if-it-remains-a-non-profit","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2025\/02\/13\/elon-musk-says-hell-drop-his-97bn-bid-for-openai-if-it-remains-a-non-profit\/","title":{"rendered":"Elon Musk says he\u2019ll drop his $97bn bid for OpenAI if it remains a non-profit"},"content":{"rendered":"

Billionaire\u2019s lawyers say offer will be withdrawn if firm he helped found a decade ago \u2018preserves the charity\u2019s mission\u2019<\/p>\n

Elon Musk says he will abandon his $97.4bn offer to buy the non-profit behind OpenAI if the ChatGPT maker drops its plan to convert into a for-profit company.<\/p>\n

\u201cIf OpenAI, Inc.\u2019s Board is prepared to preserve the charity\u2019s mission and stipulate to take the \u2018for sale\u2019 sign off its assets by halting its conversion, Musk will withdraw the bid,\u201d lawyers for the billionaire said in a filing to a California court on Wednesday. \u201cOtherwise, the charity must be compensated by what an arms-length buyer will pay for its assets.\u201d<\/p>\n

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\nBillionaire\u2019s lawyers say offer will be withdrawn if firm he helped found a decade ago \u2018preserves the charity\u2019s mission\u2019
\nElon Musk says he will abandon his $97.4bn offer to buy the non-profit behind OpenAI if the ChatGPT maker drops its plan to convert into a for-profit company.
\n\u201cIf OpenAI, Inc.\u2019s Board is prepared to preserve the charity\u2019s mission and stipulate to take the \u2018for sale\u2019 sign off its assets by halting its conversion, Musk will withdraw the bid,\u201d lawyers for the billionaire said in a filing to a California court on Wednesday. \u201cOtherwise, the charity must be compensated by what an arms-length buyer will pay for its assets.\u201d Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Billionaire\u2019s lawyers say offer will be withdrawn if firm he helped found a decade ago \u2018preserves the charity\u2019s mission\u2019 Elon Musk says he will abandon his $97.4bn offer to buy the non-profit behind OpenAI if the ChatGPT maker drops its plan to convert into a for-profit company. \u201cIf OpenAI, Inc.\u2019s Board is prepared to preserve …<\/p>\n

Elon Musk says he\u2019ll drop his $97bn bid for OpenAI if it remains a non-profit<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":17742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/17741"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=17741"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/17741\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/17742"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=17741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=17741"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=17741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}