Elon Musk Will Pull OpenAI Bid if ChaGPT-Maker Remains Non-Profit, Lawyers Say

A consortium led by Elon Musk will withdraw its bid for OpenAI's non-profit arm on one condition -- that OpenAI lets go of its plans to become a for-profit entity. OpenAI's board 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 unsolicited attempt.

Feb 13, 2025 - 19:30
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Elon Musk Will Pull OpenAI Bid if ChaGPT-Maker Remains Non-Profit, Lawyers Say
A consortium led by Elon Musk will withdraw its bid for OpenAI's non-profit arm on one condition -- that OpenAI lets go of its plans to become a for-profit entity. OpenAI's board 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 unsolicited attempt.

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Subhashree Hi, This is Subhi. Welcome to my blog! I love to keep up with the latest news in healthcare, technology and media. Here you will find insightful articles that inform and interest you about the world around you. Join me as I drift between health and technology, and stay up-to-date!