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Musk, attorneys, ask judges to auction off OpenAI stake
Elon Musk Wants OpenAI to Be Forced Into Selling a Portion of Itself
Elon Musk enjoys being at the center of the universe. If generative AI is going to be as transformational as Silicon Valley believes, he cannot lose. Especially not to a company he helped start. To that end,
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
A lawyer for billionaire Elon Musk has asked attorney generals in the states of California and Delaware to push OpenAI to auction a major stake in its business to decide fair value of its charitable asset during its corporate restructuring,
Elon Musk calls on California and Delaware to force auction of OpenAI stake
A lawyer for Elon Musk has called on the California and Delaware attorneys-general to force OpenAI to auction off a large stake in its business, intensifying a bitter fight with the company’s chief executive Sam Altman.
Musk, attorneys, ask judges to auction off OpenAI stake: report
Elon Musk and his attorneys have asked judges in the states of California and Delaware to cause an auction that would force OpenAI to sell off a portion of its business, the Financial Times reported.
22h
on MSN
Microsoft slams the brakes on $3.3 billion data center — reportedly set to foster development of OpenAI's supercomputer
Microsoft has decided to temporarily pause the construction of a $3.3 billion data center in Mount Pleasant. The company ...
2d
The Confluence Of Two Empires: Microsoft And OpenAI Hold Hands
These two men are of different generations (Gates is 69, Altman 39), and their companies presided over different revolutions.
13h
Microsoft’s new rStar-Math technique upgrades small models to outperform OpenAI’s o1-preview at math problems
Phi-4 and an rStar-Math paper suggest that compact, specialized models can provide powerful alternatives to the industry’s largest systems.
1d
on MSN
How OpenAI’s Sam Altman Is Thinking About AGI and Superintelligence in 2025
The OpenAI CEO recently published a blog post reflecting on AI progress, as well as his brief ouster from the company.
2d
Microsoft Pauses Construction On $3.3 Billion Data Center Expected To Be Used By ChatGPT-Parent OpenAI For Massive Super Computer
Microsoft Corporation (NASDAQ:MSFT) has decided to temporarily pause construction on parts of its ambitious data center ...
1d
on MSN
Microsoft rolls back its Bing Image Creator model after users complain of degraded quality
Microsoft promised its new Bing Image Creator model would deliver better quality. Now, it's rolling back the model after ...
Impacts
7h
Microsoft To Offer $1 Million To Trump’s Inauguration Fund
Microsoft said on Thursday that it is making a $1 million donation to the inauguration fund of President-elect Donald Trump.
techtimes
1d
Microsoft Slashes Jobs Based on Performance Amid Slow Copilot Rollout: What's Really Going On?
Microsoft trims less than 1% of its workforce as stock underperforms and AI challenges rise. The "underwhelming" Copilot ...
14h
on MSN
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on ...
1d
on MSN
Microsoft nixes its Dall-E upgrade after image quality complaints
Microsoft had to reverse a recent update to its Bing image generation model after users complain that their AI creations look ...
cryptopolitan
3h
Elon Musk launches an app for his AI language model Grok
Elon Musk’s AI startup, xAI, has launched its first standalone app for Grok, the chatbot designed to challenge giants like ...
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