The Wall Street Journal

Elon Musk-led group makes US$97.4b bid for OpenAI

Elon Musk-led group makes US$97.4b bid for OpenAI
Elon Musk. (Image: Getty)
The Wall Street Journal
By Jessica Toonkel and Berber JinA consortium of investors led by Elon Musk is offering US$97.4 billion (NZ$172.8b) to buy the nonprofit that controls OpenAI, upping the stakes in his battle with Sam Altman over the company behind ChatGPT.Musk’s attorney, Marc Toberoff, said he submitted a bid for all the nonprofit’s assets to OpenAI’s board of directors Monday.'Open-source, safety-focused'The unsolicited offer adds a major complication to Altman’s carefully laid plans for OpenAI’s future, including convert...

More Technology

Logitech’s latest ergonomic efforts are a mixed bag
The Life Review

Logitech’s latest ergonomic efforts are a mixed bag

Can the Wave Keys keyboard and Lift mouse ease the strain on a writer's tools?

NZ firm Medtech snapped up by private equity
Health

NZ firm Medtech snapped up by private equity

Medtech was based in NZ but registered in Australia since a 2020 acquisition.

Ben Moore 20 Feb 2025
Spark, Microsoft sign major public cloud partnership
Markets

Spark, Microsoft sign major public cloud partnership

Spark and Microsoft have signed what they’re billing as the country’s largest-ever Microsoft public cloud partnership.The deal includes an AI focus. It will include “one of the largest Microsoft 365 Copilot deployments in New Zealand”, with an extra 1,800 Spark staff getting Micr...

Staff reporters 20 Feb 2025
How the venture studio model is changing the game
Technology Free Business of Tech

How the venture studio model is changing the game

Plus, what to watch for with Spark's earnings ahead.