Emergency pod: Elon tries to crash OpenAI's party (with Rose Chan Loui)
On Monday Musk made the OpenAI nonprofit foundation an offer they want to refuse, but might have trouble doing so: $97.4 billion for its stake in the for-profit company, plus the freedom to stick with its current charitable mission.
For a normal company takeover bid, this would already be spicy. But OpenAI’s unique structure — a nonprofit foundation controlling a for-profit corporation — turns the gambit into an audacious attack on the plan OpenAI announced in December to free itself from nonprofit oversight.
As today’s guest Rose Chan Loui — founding executive director of UCLA Law’s Lowell…
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