Musk had filed a motion for preliminary injunction in US District Court for the Northern District of California, claiming ...

A judge denied Elon Musk's bid to stop Sam Altman from converting OpenAI into a for-profit, but the rivals are still set to ...

Musk's lawyer Marc Toberoff, in a statement, responded that OpenAI is putting control of the for-profit enterprise up for sale, and said the move will "enrich its certain board members rather than ...

“They’re just selling it to themselves at a fraction of what Musk has offered, enriching Board members, Altman, [OpenAI Co-founder and President Greg] Brockman and others rather than the ...

"Whether Sam Altman chose to provide or withhold this from OpenAI's other Board members is outside of our control," he said, referring to OpenAI's CEO. The nonprofit that controls OpenAI is not ...

Citing people familiar with the discussions, the FT wrote that CEO "Sam Altman and other board members are weighing a range of new governance mechanisms after OpenAI converts into a more ...

Mr. Altman became a face of the A.I. movement. But in November 2023, four OpenAI board members ousted him, saying they could not trust him with the company’s plan to one day create a machine ...

All of that will take some maneuvering by OpenAI’s board members and Altman, all of whom are defendants in a lawsuit from Musk that seeks to block OpenAI from converting to a for-profit business.

Musk, an early OpenAI investor and board member, sued the company last year, first in a California state court and later in federal court, alleging it had betrayed its founding aims as a nonprofit ...

OpenAI sent a letter on Friday to Marc Toberoff ... to themselves at a fraction of what Musk has offered, enriching board members,” he said, “rather than the charity in a classic self-dealing ...