Elon Musk OpenAI Bid: Terms for Nonprofit Agreement
In a dramatic turn of events, Elon Musk has signaled a potential retreat from his ambitious $97.4 billion bid to acquire OpenAI’s nonprofit arm, contingent upon the board’s commitment to uphold the organization’s charitable mission.This development, outlined in a recent court filing, highlights the ongoing tension between Musk and OpenAI’s leadership, particularly as the nonprofit navigates a complex transition toward a for-profit model.
7 min read