Last week as Elon Musk seemed to place his OpenAI offer on and off the table daily, something else OpenAI-related caught our eye — SoftBank reported a net loss of nearly $2.4 billion for its fiscal third quarter.
Meta, AI entrepreneurs, academics, and other charities and activists are criticizing the startup's plan to shed its ties to its nonprofit parent.
In a court filing on Wednesday, the company said Mr. Musk’s bid contradicted legal claims the billionaire made in a lawsuit he brought against OpenAI last year. OpenAI argued in its filing that Mr. Musk said in his lawsuit the assets must remain with the nonprofit and could not be transferred to another entity for public gain.
Elon Musk is challenging OpenAI's potential transition to a for-profit model by leading a consortium bidding $97.4 billion against it. He contends that the move compromises the non-profit mission of OpenAI,
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