{"id":905621,"date":"2025-02-14T08:00:55","date_gmt":"2025-02-14T02:30:55","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=905621"},"modified":"2025-02-14T08:19:11","modified_gmt":"2025-02-14T02:49:11","slug":"elon-musks-all-cash-bid-for-startup-undercuts-legal-attack-says-openai","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/02\/14\/elon-musks-all-cash-bid-for-startup-undercuts-legal-attack-says-openai\/","title":{"rendered":"Elon Musk&#8217;s all-cash bid for startup undercuts legal attack, says OpenAI"},"content":{"rendered":"<p>Elon Musk\u2019s all-cash bid to buy OpenAI debunks arguments he\u2019s making in court that the artificial intelligence startup\u2019s assets cannot be \u201ctransferred away\u201d for \u201cprivate gain,\u201d lawyers for the maker of ChatGPT and chief executive officer Sam Altman said in a court filing. <\/p>\n<p>The unsolicited Feb. 10 offer by Musk and a coalition of deep-pocketed investors to acquire OpenAI for $97.4 billion shows that his request for a court order immediately blocking OpenAI\u2019s conversion to a for-profit business is \u201can improper bid to undermine a competitor,\u201d according to the filing Wednesday in federal court in Oakland, California.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk\u2019s all-cash bid to buy OpenAI debunks arguments he\u2019s making in court that the artificial intelligence startup\u2019s assets cannot be \u201ctransferred away\u201d for \u201cprivate gain,\u201d lawyers for the maker of ChatGPT and chief executive officer Sam Altman said in a court filing. The unsolicited Feb. 10 offer by Musk and a coalition of deep-pocketed investors to acquire OpenAI for $97.4 billion shows that his request for a court order immediately blocking OpenAI\u2019s conversion to a for-profit business is \u201can improper bid to undermine a competitor,\u201d according to the filing Wednesday in federal court in Oakland, California.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-905621","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/905621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=905621"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/905621\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=905621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=905621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=905621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}