Henkel in Advanced Talks to Acquire Olaplex at $2 Per Share 
Maduro Faces Rare Narcoterrorism Charges in U.S. Court 
Explosion and Fire Erupt at Valero Oil Refinery in Port Arthur, Texas 
Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling 
Judge Dismisses Sam Altman Sexual Abuse Lawsuit, But Sister Can Refile 
Federal Judge Blocks Pentagon's Restrictive Press Access Policy 
Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco 
Stellantis Shareholder Fraud Lawsuit Dismissed by U.S. Judge 
U.S. Appeals Court Strikes Down FTC Order Against TurboTax "Free" Advertising 
Microsoft Eyes Legal Action as Amazon-OpenAI Deal Threatens Azure Exclusivity 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Rio Tinto's Resolution Copper Mine: U.S. Smelting Challenges and Global Operations Update 
Costco Faces Class Action Lawsuit Over Tariff Refunds as Supreme Court Strikes Down Trump's IEEPA Tariffs 
Innate Pharma Reports 55% Revenue Drop and €49.2M Net Loss for 2025 
Alibaba Bets on AI Agents to Unify Its Vast Digital Ecosystem 
Citi Names Eric Farina and Rob Cascarino to Lead Global Infrastructure Financing Group 
Elon Musk's attempt to acquire OpenAI for $97.4 billion contradicts his ongoing lawsuit against the AI company, OpenAI argued in a letter submitted to a U.S. federal court on Wednesday.
Musk, who co-founded OpenAI as a nonprofit in 2015 but later left, sued CEO Sam Altman and others in August, seeking to block OpenAI’s transition to a for-profit model. However, OpenAI claims Musk's recent acquisition bid undermines his own legal argument that the company’s assets should remain in a charitable trust and not be transferred for private gain.
In its court filing, OpenAI accused Musk of making an "improper bid to undermine a competitor." His investment group’s offer directly contradicts his legal stance, which asserts that OpenAI’s resources should not be monetized for private interests.
Musk has not publicly commented on the allegations. His lawsuit claims OpenAI’s pivot to a for-profit entity violates its original nonprofit mission. However, OpenAI argues that securing capital is essential for advancing AI technology.
Musk, the world’s richest man, launched a rival AI company, xAI, in 2023 after OpenAI's ChatGPT went viral in late 2022. His latest bid to buy OpenAI's assets raises questions about his motivations and legal consistency.
The legal battle between Musk and OpenAI could significantly impact the future of AI governance, corporate structure, and competition in the rapidly evolving artificial intelligence sector.
