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Elon Musk Asked Meta CEO Zuckerberg About Financing OpenAI Takeover
Elon Musk sought Meta CEO Mark Zuckerberg's financial support for a $97.4 billion OpenAI takeover, leading to ongoing legal disputes over OpenAI's for-profit restructuring.
- Elon Musk approached Meta CEO Mark Zuckerberg about collaborating to fund a $97.4 billion offer to acquire OpenAI in early 2025, according to court documents disclosed on Thursday.
- Musk and his AI startup xAI contacted Zuckerberg to explore possible financing options, but neither he nor Meta agreed to sign the letter of intent or take part in the investment bid.
- OpenAI has formally rejected Musk's takeover attempt and claimed his 'sham bid' damaged its business while accusing him of intimidation through legal and social media attacks.
- Meta has been competing with OpenAI by enhancing its own large language model, offering $100 million pay packages, and attempting to poach OpenAI researchers over the past year.
- OpenAI’s legal case against Musk continues in federal court, with OpenAI subpoenaing Meta for its communications with Musk about the bid, while Meta urges the court to deny this request.
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67 Articles
Elon Musk tried to court Mark Zuckerberg to help him finance xAI’s attempted $97 billion OpenAI takeover, court filing shows
Musk has taken up legal arms against Sam Altman’s OpenAI, not only trying to acquire it in a hostile takeover, but claim the startup breached its contract.
·New York, United States
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Elon Musk tried last February to convince Meta's boss to finance his buy-back offer. ...
·Brussels, Belgium
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Elon Musk tried to recruit Mark Zuckerberg in $97.4B bid to buy OpenAI, court filing reveals - Tech Startups
Elon Musk once attempted to recruit Mark Zuckerberg into his high-stakes campaign to acquire OpenAI. According to court filings unsealed this week, Musk reached out to Zuckerberg earlier this year to explore whether the Meta chief would back his consortium’s […] The post Elon Musk tried to recruit Mark Zuckerberg in $97.4B bid to buy OpenAI, court filing reveals first appeared on Tech Startups.
Coverage Details
Total News Sources67
Leaning Left6Leaning Right8Center10Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 25%
C 42%
R 33%
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