CoreWeave inks $11.9 billion contract with OpenAI ahead of IPO CoreWeave, an artificial intelligence startup backed by Nvidia , has signed a five-year contract worth $11.9 billion with OpenAI ...

OpenAI’s board of directors has formally rejected a $97.4 billion bid by Elon Musk and other investors to purchase the company. “OpenAI is not for sale, and the board has unanimously rejected ...

Inc., a nonprofit organization and its for-profit subsidiary OpenAI OpCo LLC, does not warrant an investigation. This decision comes after an analysis of the complex and evolving relationship ...

As the media, understandably, focuses attention on the ongoing social media spat between Sam Altman and Elon Musk regarding an uninvited and apparently unwanted offer to purchase OpenAI ...

The Musk-led investment consortium that bid on OpenAI includes xAI Corp., Baron Capital Group Inc., Valor Management LLC, Atreides Management LP, Vy Fund III L.P. Eight Partners VC LLC and Ari ...

Elon is not.” Ari Emanuel sided with Elon Musk and was one of the investors involved in the surprise bid for OpenAI. Zuffa LLC Musk co-founded OpenAI with Altman, but later cut ties with the ...

Microsoft’s partnership with OpenAI has led to it acquiring certain rights related to OpenAI. The terms of this partnership have been changing as Microsoft increases its investment in OpenAI, and the ...