Banks Sell $4.7 Billion of X’s Debt, in a Sign of Investor Demand
The social media company is attracting investor interest because of Elon Musk’s close ties to President Trump and a recent jump in revenue.
The social media company is attracting investor interest because of Elon Musk’s close ties to President Trump and a recent jump in revenue.
The popular social media app was removed to comply with a new law that banned it in the United States. President Trump has paused enforcement of the ban.
Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk is separately raising money for his A.I. start-up, xAI.
OpenAI said its board "has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition."
Alessio Figalli studies optimal transport, a field of math that ranges from the movements of clouds to the workings of chatbots.
It’s a Valentine’s Day Special!
In a court filing, Mr. Musk said he and other investors would pull their $97.4 billion bid if OpenAI withdrew its plan to change its structure.
The Silicon Valley giant said it made the change last year because it was difficult to keep up with every occasion, but some users questioned the decision.
The company answered the billionaire’s offer in a legal filing, accusing him of hypocrisy.