Musk’s consortium, which includes VCs like Joe Lonsdale’s 8VC and SpaceX investor Vy Capital, is offering exactly $97.375 billion to buy out OpenAI, and says in the letter 100% of the purchase price “would be paid in cash.”

As part of the buyer's due diligence process, the letter states that OpenAI must grant it "access to any assets, facilities, equipment, books, and records of the Company in connec

A recent report revealed that a consortium led by Elon Musk had placed a $97.4 billion bid on OpenAI. According to OpenAI’s CEO Sam Altman, it seems that the company has no intention of entertaining the bid.

A trickle of lawsuits against Elon Musk and his Department of Government Efficiency have become a flood. Fourteen states filed suit in federal court on Thursday, accusing President Donald Trump of illegally delegating executive powers to Musk in violation of the Appointments Clause of the U.