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Elon Musk Says He Will Drop OpenAI Bid if Company Preserves Nonprofit Mission

In a court filing, Mr. Musk said he and other investors would pull their $97.4 billion bid if OpenAI withdrew its plan to change its structure.

Cade Metz
Author: Cade Metz

Written by

Cade Metz

in

Artificial Intelligence, Computers and the Internet, Mergers, Acquisitions and Divestitures, Musk, Elon, Nonprofit Organizations, OpenAI Labs, Start-ups, Venture Capital
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