Wednesday, February 26, 2025

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February 15, 2025 11:11 AM

OpenAI rejects Elon Musk’s $97.4 billion offer

OpenAI, led by Sam Altman, has rejected billionaire Elon Musk’s $97.4 billion offer to acquire the nonprofit company.   In a statement on the social media platform X, OpenAI Board Chair Bret Taylor described Musk’s bid as “an attempt to disr...

February 11, 2025 10:37 AM

Musk-led group makes $97.4 billion bid for control of OpenAI

A consortium led by Elon Musk said on Monday it has offered $97.4 billion to buy the nonprofit that controls OpenAI, another salvo in the billionaire's fight to block the artificial intelligence startup from transitioning to a for-profit firm. Musk'...

May 15, 2024 5:16 PM

OpenAI co-founder Ilya Sutskever departs ChatGPT maker

OpenAI co-founder and chief scientist Ilya Sutskever is leaving the startup at the center of today's artificial intelligence boom. "OpenAI would not be what it is without him," OpenAI CEO Sam Altman wrote in a message to the company, which OpenAI po...

April 1, 2024 9:53 PM

OpenAI removes Sam Altman’s ownership of its Startup Fund

OpenAI has changed the governance structure of its venture capital fund that backs AI startups, so its high profile chief executive Sam Altman no longer owns or controls the fund, according to a filing with the US Securities and Exchange Commission (...

November 22, 2023 12:25 PM

OpenAI restores Sam Altman as CEO after his tumultuous ouster

OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the center of the artificial intelligence boom. In addition to Altman's return, the...

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Last updated on: 25th February 2025