Musk, attorneys, ask judges to auction off OpenAI stake
Elon Musk wants OpenAI to auction off a large ownership stake
OpenAI launched a for-profit subsidiary a year later in order to raise outside capital, including more than $13 billion so far from its biggest backer, Microsoft. However, the non-profit entity, along with employees and investors, currently owns that for-profit subsidiary.
Musk asks state AGs to auction off OpenAI stake in nonprofit restructuring, sources say
His attorney argued they should provide a process for competitive bidding to determine fair market value of OpenAI's charitable assets to 'protect the public's beneficial interest,' as it is working on removing the control of its non-profit,
Microsoft, Math and OpenAI
Microsoft plans performance-based layoffs across company
The feds have sided with Elon Musk on a key pillar of his high-profile antitrust lawsuit against Sam Altman-led OpenAI, ...
These two men are of different generations (Gates is 69, Altman 39), and their companies presided over different revolutions.
Microsoft’s focus on long-term AI success explains recent stock behavior. See why MSFT stock, with recent reallocations, is ...
Microsoft Corporation (NASDAQ:MSFT) has decided to temporarily pause construction on parts of its ambitious data center ...
The OpenAI CEO recently published a blog post reflecting on AI progress, as well as his brief ouster from the company.
Awfully General Intelligence While OpenAI CEO Sam Altman claims that the company has the building blocks for artificial ...
Microsoft had to reverse a recent update to its Bing image generation model after users complain that their AI creations look ...
The Microsoft CEO's claim about not being “chip constrained” has adversely affected investor sentiment for Nvidia. However, ...
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