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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
According to a report in the Financial Times, lawyers for Musk have contacted attorneys-general in Delaware and California to demand that a large stake in OpenAI be sold off in an open auction process.
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.
Elon Musk’s xAI launches Grok app
How Elon Musk’s xAI is quietly taking over X
Musk has been using this distribution channel since xAI launched its first version of the Grok large language model, adding features like trending story summaries and AI-generated questions on posts as well as releasing the Grok chatbot (initially) to X users exclusively.
Where Elon Musk's xAI Memphis supercomputer project stands and what's next
Elon Musk's xAI supercomputer in Memphis was up and running in September. Here's a look at the project's progress and what's next.
Elon Musk’s xAI Launches Stand-Alone Grok App
The AI startup launched its first stand-alone consumer app, as the company tries to catch up with more established players such as OpenAI and Google in the generative AI race.
2d
on MSN
Memphis warns it may not be able to power Elon Musk’s lofty ‘Colossus’ supercomputer expansion plans
We are dealing with the physical realities of what our utility system can provide," the CEO of the city's utility provider ...
3d
Elon Musk might well have the future of the human race itself in his hands
Give him a fluffy white cat and a private island and Elon Musk would be a Bond villain straight out of central casting. With ...
23h
Blackstone Invests $300 Million In AI Data Firm That Powers Elon Musk's xAI Supercomputer
Blackstone Inc. (NYSE:BX) is making a significant move in the AI sector with a $300 million investment in DDN, a company ...
2d
on MSN
He’s No Elon Musk
Y esterday morning, donning his new signature fit—gold chain, oversize T-shirt, surfer hair—Mark Zuckerberg announced that ...
2d
on MSN
Elon Musk's xAI looks to double energy demand in Memphis: What MLGW said about the plan
The xAI facility in Memphis will be doubling its energy demand from 150 to 300 megawatts between its first two phases, MLGW ...
FOX13 Memphis
3d
City Council to discuss xAI supercomputer's expansion, MLGW's installation of LED streetlights
On Tuesday, city leaders are set to talk with MLGW leaders about the supercomputer's strain and those new streetlights that ...
4h
on MSN
As Los Angeles burns, Elon Musk stokes partisan outrage
As flames engulf swaths of Los Angeles, Elon Musk is wielding X to stoke partisan outrage and conspiracy theories about the ...
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