A consortium led by Elon Musk will withdraw its $US97.4 billion ($155 billion) bid for OpenAI’s non-profit arm if the ChatGPT maker drops plans to become a for-profit entity, the billionaire’s lawyers said in a court filing.
Mr Musk has been trying to block the start-up he co-founded and later left from becoming a for-profit firm – a move crucial for OpenAI to secure more capital and stay ahead in the AI race.