Elon Musk will withdraw bid for OpenAI’s nonprofit if its board agrees to terms

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In a court filing on Wednesday, a lawyer for Elon Musk said the billionaire will withdraw his $97.4 billion bid for OpenAI’s nonprofit if the ChatGPT maker’s board of directors “preserve the charity’s mission” and halt its conversion to a for-profit corporation. The filing, submitted to the U.S. District Court for the Northern District of © 2024 TechCrunch. All rights reserved. For personal use only.

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