OpenAI says Musk's takeover bid contradicts his lawsuit against it

Quick Summary:

Billionaire Elon Musk's bid to buy OpenAI, which wants to be a for-profit entity, clashes with his lawsuit arguing that assets of the ChatGPT maker should not be for private gain, OpenAI wrote in a letter it submitted to a federal court on Wednesday.

Representatives for Musk did not respond to an emailed request for comment.

OpenAI has said it wants to become a for-profit organization to secure the capital needed for developing the best AI models.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Letter Entity Gain Musk Chatgpt For-profit Elon Assets Wants Private Openai

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-13 @ 09:29:22 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 306 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26110262

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