Unlike a for-profit board, OpenAI’s nonprofit board has no fiduciary responsibility to take the best price. Their only ...

In a court filing, Mr. Musk said he and other investors would pull their $97.4 billion bid if OpenAI withdrew its plan to ...

The $97.4 billion bid muddles up Sam Altman’s quest to convert the ChatGPT-maker into a for-profit company.

OpenAI is considering granting special voting rights to its non-profit board to prevent hostile takeovers, including a $97.4B ...

Elon Musk said he'll withdraw his $97.4 billion bid to buy OpenAI if the ChatGPT maker stops trying to become a for-profit ...

A court filing stated that, if OpenAI stops its restructuring, Elon Musk will withdraw his $97.4 billion proposal to buy the ...

Elon Musk says he is prepared to drop his attempt to buy OpenAI if the ChatGPT maker maintains its current structure.

Elon Musk will drop his $97.4 billion bid to take over OpenAI if its board of directors stops the company’s conversion into a ...

Changes are being implemented to incentivize employees as Ford competes with other corporations for talent, the company said ...

OpenAI was founded as a nonprofit before it transitioned to a “capped-profit” structure in 2019. The nonprofit is the sole controlling shareholder of the capped-profit OpenAI corporation ...