OpenAI’s board has not received Elon Musk’s takeover bid: Source

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OpenAI’s board has not yet received a formal bid from an Elon Musk-led consortium, although a lawyer for the billionaire said the offer had been sent to OpenAI’s outside counsel. A day after Musk publicised a bid to offer $97.4 billion to buy the non-profit that controls ChatGPT maker OpenAI, the two sides were still at odds over what exactly happened to the formal bid. OpenAI’s board of directors has not yet received a formal bid from Musk’s group, a source familiar with the matter told Reuters on Tuesday, adding to the confusion over the…



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OpenAI’s board has not received Elon Musk’s takeover bid: Source


OpenAI’s board has not yet received a formal bid from an Elon Musk-led consortium, although a lawyer for the billionaire said the offer had been sent to OpenAI’s outside counsel. A day after Musk publicised a bid to offer $97.4 billion to buy the non-profit that controls ChatGPT maker OpenAI, the two sides were still at odds over what exactly happened to the formal bid. OpenAI’s board of directors has not yet received a formal bid from Musk’s group, a source familiar with the matter told Reuters on Tuesday, adding to the confusion over the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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