Elon Musk

Elon Musk will withdraw bid for OpenAI’s nonprofit if its board agrees to terms

AI /

In a court filing on Wednesday, a lawyer for Elon Musk said the billionaire will withdraw his $97.4 billion bid for OpenAI’s nonprofit if the ChatGPT maker’s board of directors “preserve the charity’s mission” and halt its conversion to a for-profit corporation. The filing, submitted to the U.S. District Court for the Northern District of […]

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A woman in China sued Tesla after complaining of faulty brakes — now she’s paying Tesla $23K

Transportation /

As per an investigation by the Associated Press (AP), Tesla has won a defamation lawsuit against one individual called Zhang Yazhou, who in February 2021 was a passenger in a Tesla Model 3 car that allegedly crashed due to faulty brakes, resulting in a four-day hospital stay for both her parents. Following the accident, Zhang

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Federal workers sue Elon Musk and DOGE to cut off data access

Government & Policy /

More than 100 current and former federal workers have sued Elon Musk and the Department of Government Efficiency agency he runs for allegedly accessing highly sensitive personnel records without proper vetting or authorization, according to a new federal lawsuit filed Tuesday. The lawsuit was filed in the Southern District of New York by 104 workers

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How Musk’s $97.4B bid could gum up OpenAI’s for-profit conversion

AI /

On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. The unsolicited buyout would be financed by Musk’s AI company, xAI, and a consortium of outside investors, per a letter sent to California and Delaware’s attorneys general. OpenAI CEO Sam Altman quickly dismissed Musk’s bid,

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OpenAI CEO Sam Altman calls Musk’s bid an attempt to ‘slow us down’

AI /

In an interview at the AI Action Summit in Paris on Tuesday, OpenAI CEO Sam Altman dismissed Elon Musk’s unsolicited $97.4 billion bid for OpenAI’s nonprofit as “an attempt to slow [OpenAI] down.” “[Musk] obviously is a competitor,” Altman said. “He’s raised a lot of money for [his AI company] xAI, and they’re trying to

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These are the investors funding Musk’s $97 billion OpenAI takeover attempt

Venture /

As if Elon Musk doesn’t have enough going on, a consortium of investors led by him announced plans Monday for what appears to be a hostile takeover of OpenAI. The investor group offered nearly $97.4 billion to buy all of OpenAI’s assets and is “prepared to consider matching or exceeding higher bids,” it said in

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