OpenAI, Trump and Stargate
Such announcements aren’t without political risks, as OpenAI learned when Trump adviser Elon Musk criticized the deal on the ...
The state’s attorney general asked the company how it plans to transfer assets out of its charitable nonprofit.
Stargate, a high-profile artificial intelligence infrastructure project trumpeted by US President Donald Trump this week, ...
In his letter, Musk’s lawyer pushed the attorneys general to allow outside investors to bid for the nonprofit’s stake in OpenAI. If successful, that could allow an outside investor to take a ...
OpenAI’s board is locked in complex negotiations to become a for-profit company, struggling to determine the price of ...
A lawyer for Elon Musk has called on the California and Delaware attorneys-general to force OpenAI to auction off a large stake in its business, intensifying a bitter fight with the company’s chief ...
"Our plan is to transform our existing for-profit into a Delaware Public Benefit Corporation (PBC) with ordinary shares of stock and the OpenAI mission as its public benefit interest," OpenAI ...
His lawyer said the auction would decide fair value of OpenAI's charitable asset during its corporate restructuring. OpenAI previously said financial advisers would determine that value.
According to a report in the Financial Times, lawyers for Musk have contacted attorneys-general in Delaware and California to ...
ChatGPT has taken the tech world by storm since its debut, and 2024 wasn't any less for the chatbot and its maker, OpenAI. The Delaware-based generative AI company saw many ups and downs last year ...
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