Elon Musk Offers to Buy OpenAI for $97B, Coca-Cola Beats Earnings Fueled by Price Hikes
The Rundown
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Elon Musk's High-Stakes Bid for OpenAI amid Market Dynamics
This chapter explores the contentious relationship between Elon Musk and Sam Altman, centering on Musk's unexpected $97.4 billion acquisition offer for OpenAI. It addresses the shift of OpenAI from a nonprofit to a for-profit model and Altman's steadfast rejection of the offer alongside his skepticism about Musk's intentions.
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