Billionaire Elon Musk has stated that he will withdraw his $97.4 billion offer to acquire OpenAI&rsquo;s nonprofit entity if the organisation halts its planned transition to a for-profit model.
In a legal filing submitted to a California court on Wednesday, Musk&rsquo;s lawyers said, &ldquo;If OpenAI, Inc.&rsquo;s Board is prepared to preserve the charity&rsquo;s mission and stipulate to take the &lsquo;for sale&rsquo; sign off its assets by halting its conversion, Musk will withdraw the bid.&rdquo; The filing further stated that if the transition proceeds, OpenAI&rsquo;s nonprofit entity should be compensated at market value.
Also read: <a href="https://www.wionews.com/world/us-to-send-second-batch-of-illegal-immigrants-to-india-report-8718703">US to send second batch of illegal immigrants to India: Report</a>
Earlier this week, Musk and a group of investors made an unsolicited bid to acquire OpenAI&rsquo;s controlling nonprofit entity. The stated goal of the bid is to return OpenAI to its original mission as a nonprofit research organisation focused on developing artificial intelligence for public benefit. OpenAI, which was initially founded as a nonprofit, announced last year its plans to formally transition into a for-profit company.
Musk&rsquo;s offer has been rejected by OpenAI&rsquo;s leadership. CEO Sam Altman stated in a social media post that the company is not for sale. At the artificial intelligence summit in Paris on Tuesday, OpenAI board chair Bret Taylor reiterated this stance.
<h2>Musk vs Altman</h2>
Musk and Altman were both involved in OpenAI&rsquo;s founding in 2015. However, disagreements over leadership led Musk to resign from the board in 2018. Since then, the two have been engaged in an ongoing dispute over OpenAI&rsquo;s direction and governance.
During a video address to the World Governments Summit in Dubai on Thursday, Musk criticised OpenAI&rsquo;s transition to a for-profit model. He compared it to a nonprofit dedicated to rainforest conservation becoming a commercial logging operation. Altman has previously dismissed Musk&rsquo;s legal challenges, arguing they are motivated by his competitive interests in the AI sector.
Also read: <a href="https://www.wionews.com/world/trump-says-reciprocal-tariffs-will-be-announced-thursday-8717978">&lsquo;Today is a big one&rsquo;: Trump&rsquo;s &lsquo;reciprocal tariffs&rsquo; post ahead of his meeting with PM Modi</a>
Musk has also filed a lawsuit in a California federal court seeking to block OpenAI&rsquo;s transition on various legal grounds, including breach of contract and antitrust violations. The judge overseeing the case has expressed scepticism about some of Musk&rsquo;s arguments but has not yet issued a ruling.
&nbsp;

World: Musk and Altman were both involved in OpenAI’s founding in 2015. However, disagreements over leadership led Musk to resign from the board in 2018.

Billionaire Elon Musk has stated that he will withdraw his $97.4 billion offer to acquire OpenAI’s nonprofit entity if the organisation halts its planned transition to a for-profit model. In a legal filing submitted to a California court on Wednesday, Musk’s lawyers said, “If OpenAI, Inc.’s Board is prepared to preserve the charity’s mission and stipulate to take the ‘for sale’ sign off its assets by halting its conversion, Musk will withdraw the bid.” The filing further stated that if the transition proceeds, OpenAI’s nonprofit entity should be compensated at market value. Also read: US to send second batch of illegal immigrants to India: Report Earlier this week, Musk and a group of investors made an unsolicited bid to acquire OpenAI’s controlling nonprofit entity. The stated goal of the bid is to return OpenAI to its original mission as a nonprofit research organisation focused on developing artificial intelligence for public benefit. OpenAI, which was initially founded as a nonprofit, announced last year its plans to formally transition into a for-profit company. Musk’s offer has been rejected by OpenAI’s leadership. CEO Sam Altman stated in a social media post that the company is not for sale. At the artificial intelligence summit in Paris on Tuesday, OpenAI board chair Bret Taylor reiterated this stance. Musk vs Altman Musk and Altman were both involved in OpenAI’s founding in 2015. However, disagreements over leadership led Musk to resign from the board in 2018. Since then, the two have been engaged in an ongoing dispute over OpenAI’s direction and governance. During a video address to the World Governments Summit in Dubai on Thursday, Musk criticised OpenAI’s transition to a for-profit model. He compared it to a nonprofit dedicated to rainforest conservation becoming a commercial logging operation. Altman has previously dismissed Musk’s legal challenges, arguing they are motivated by his competitive interests in the AI sector. Also read: ‘Today is a big one’: Trump’s ‘reciprocal tariffs’ post ahead of his meeting with PM Modi Musk has also filed a lawsuit in a California federal court seeking to block OpenAI’s transition on various legal grounds, including breach of contract and antitrust violations. The judge overseeing the case has expressed scepticism about some of Musk’s arguments but has not yet issued a ruling.

Elon Musk proposes exit from $97.4 billion OpenAI takeover if it remains a nonprofit

A newly released audio recording captures the exact moment the Titan submarine imploded, offering chilling insight into the tragic event. The sound was detected by a passive acoustic recorder over 1,400 km away. Experts continue to investigate the disaster. Implosion killed all five onboard Titan

Audio recording reveals moment of Titan submarine implosion disaster

India’s mutual fund investors are shifting their strategies as market corrections and foreign outflows impact equity inflows. With sentiment dented, many are pivoting towards safer investment options. Learn more about the evolving trends.

India’s mutual fund investors shift focus amid market correction

Alibaba leads a global stock surge, hitting its highest share price since 2022. Boosted by AI advancements and Ukraine peace hopes, the tech giant’s rally has added $87 billion to its market value.

Alibaba shares soar on AI rally and global market surge

Rajat Patidar has been officially named the new captain of Royal Challengers Bengaluru, succeeding Faf du Plessis. Fans eagerly await how Patidar will lead the team in the upcoming IPL season. Will this be the year RCB lifts the trophy?

Rajat Patidar named new RCB captain for IPL season

As Trump’s team heads to Europe for crucial talks, NATO partners express concerns over being sidelined in potential Ukraine peace negotiations. With key European nations demanding involvement, the future of diplomacy hangs in the balance.

Trump’s NATO Meeting sparks tensions over Ukraine peace talks

A team of astronomers has detected the highest-energy neutrino ever recorded, using a sensor network under construction at the bottom of the Mediterranean Sea. The particle, known as KM3-230213A, was found using the Cubic Kilometre Neutrino Telescope (KM3NeT) and has an energy level 30 times greater than any previously observed neutrino.
Neutrinos, often referred to as &lsquo;ghost particles,&rsquo; are nearly massless and can travel through matter without significant interaction. These particles originate from extreme cosmic environments and provide insights into high-energy astrophysical phenomena. The discovery, made by the KM3NeT Collaboration involving over 360 scientists, was published in the journal Nature.
Also read: <a href="https://www.wionews.com/web-stories/science-technology/785-times-earths-mass-indian-scientists-discover-giant-exoplanet-with-a-6-day-year-8717452">&lsquo;78.5 times Earth&rsquo;s mass&rsquo;: Indian scientists discover giant exoplanet with a 6-day year</a>
The detected neutrino carried an energy of 220 million billion electron volts, making it significantly more powerful than those produced by particle accelerators like the Large Hadron Collider at CERN. The observation supports the theory that such high-energy neutrinos exist and can be traced back to extreme cosmic events such as supermassive black holes, gamma-ray bursts, or supernova remnants.
<h2 class="p2">The Role of KM3NeT</h2>
KM3NeT consists of a network of digital optical sensors placed deep in the Mediterranean Sea. These sensors detect the faint bluish light emitted when neutrinos interact with water molecules. The system includes two main detectors: ARCA, positioned at a depth of 3,450 metres off the Sicilian coast, and ORCA, located 2,450 metres deep near Toulon, France. Despite being under construction, the network was operational enough to capture the record-breaking neutrino on 13 February 2023.
Neutrinos are linked to cosmic rays, the most energetic particles in the universe. By identifying their sources, scientists hope to understand the origins of cosmic rays and the mechanisms behind their acceleration. Researchers have proposed 12 potential blazars&mdash;active galactic nuclei emitting high-energy radiation&mdash;as possible sources of KM3-230213A.
Also read: <a href="https://www.wionews.com/web-stories/science-technology/want-to-win-1-million-decipher-this-5000-year-old-mystery-from-india-8707741">Want to win $1 million? Decipher this 5,000-year-old mystery from India</a>
<h2 class="p2">Future Research</h2>
The study marks a significant step in neutrino astronomy, providing a new observational tool to investigate astrophysical processes. Scientists will continue refining their understanding of these high-energy particles and their origins, potentially uncovering previously unknown cosmic phenomena. Ongoing development of KM3NeT is expected to enhance future detections and contribute to astrophysical research.
(With inputs from agencies)&nbsp;

Neutrinos, often referred to as ‘ghost particles,’ are nearly massless and can travel through matter without significant interaction. These particles originate from extreme cosmic environments and provide insights into high-energy astrophysical phenomena.

A team of astronomers has detected the highest-energy neutrino ever recorded, using a sensor network under construction at the bottom of the Mediterranean Sea. The particle, known as KM3-230213A, was found using the Cubic Kilometre Neutrino Telescope (KM3NeT) and has an energy level 30 times greater than any previously observed neutrino. Neutrinos, often referred to as ‘ghost particles,’ are nearly massless and can travel through matter without significant interaction. These particles originate from extreme cosmic environments and provide insights into high-energy astrophysical phenomena. The discovery, made by the KM3NeT Collaboration involving over 360 scientists, was published in the journal Nature. Also read: ‘78.5 times Earth’s mass’: Indian scientists discover giant exoplanet with a 6-day year The detected neutrino carried an energy of 220 million billion electron volts, making it significantly more powerful than those produced by particle accelerators like the Large Hadron Collider at CERN. The observation supports the theory that such high-energy neutrinos exist and can be traced back to extreme cosmic events such as supermassive black holes, gamma-ray bursts, or supernova remnants. The Role of KM3NeT KM3NeT consists of a network of digital optical sensors placed deep in the Mediterranean Sea. These sensors detect the faint bluish light emitted when neutrinos interact with water molecules. The system includes two main detectors: ARCA, positioned at a depth of 3,450 metres off the Sicilian coast, and ORCA, located 2,450 metres deep near Toulon, France. Despite being under construction, the network was operational enough to capture the record-breaking neutrino on 13 February 2023. Neutrinos are linked to cosmic rays, the most energetic particles in the universe. By identifying their sources, scientists hope to understand the origins of cosmic rays and the mechanisms behind their acceleration. Researchers have proposed 12 potential blazars—active galactic nuclei emitting high-energy radiation—as possible sources of KM3-230213A. Also read: Want to win $1 million? Decipher this 5,000-year-old mystery from India Future Research The study marks a significant step in neutrino astronomy, providing a new observational tool to investigate astrophysical processes. Scientists will continue refining their understanding of these high-energy particles and their origins, potentially uncovering previously unknown cosmic phenomena. Ongoing development of KM3NeT is expected to enhance future detections and contribute to astrophysical research. (With inputs from agencies)

'Ghostly': Mysterious high-energy particle from space found in the depths of the Mediterranean

US Intelligence warns Israel will launch preemptive strikes on Iran’s nuclear sites by midyear. Washington Post reported on Wednesday, citing multiple intelligence reports. Report warns such an attack would set back Iran's nuclear program by weeks or months. Watch to know more!

US Intelligence Warns Israel To Launch Strikes On Iran’s Nuclear Sites By Midyear

PM Narendra Modi’s visit to the US includes key talks with former President Trump, focusing on strengthening India-US defence ties. Discussions may include expanded cooperation on military technology and joint exercises.

PM Modi’s US visit: boosting India-US defence ties discussed

Sudanese Foreign Minister in an interview with Russia Today, has said that an agreement signed years ago for the creation of a Russian naval base in Sudan remains on the table following talks in Moscow. The deal, which surfaced in December 2021, is part of Moscow's efforts to restore a regular naval presence in various parts of the globe. Watch in for more details!

Russia announces plans to establish new naval base in Sudan

Moscow has rejected Zelensky’s land-swap proposal, dashing hopes for peace talks. Meanwhile, Germany has lowered expectations for diplomatic breakthroughs as Ukraine faces increased battlefield struggles and missile barrages rock Kyiv amid escalating tensions.

Russia-Ukraine war: Moscow rejects Zelensky's land-swap offer

UN Secretary-General António Guterres criticized President Trump's Gaza plan, stating that any forced transfer of Palestinians violates international law. Guterres reaffirmed the UN's commitment to a two-state solution and protection of Palestinian rights.

UN chief condemns Trump’s Gaza plan, supports Palestinian rights

A federal judge lifted the freeze on Trump’s buyout program for federal workers, allowing the administration to proceed with voluntary resignations in exchange for eight months of pay and benefits. Labor unions had challenged the program, but the ruling now clears the path for its implementation.

US judge approves Trump’s buyout plan for federal workers

Tulsi Gabbard was officially sworn in as the Director of National Intelligence after being confirmed by the Senate in a 52-48 vote. This appointment follows Trump’s push for quick confirmations, reshaping the U.S. intelligence landscape.

Tulsi Gabbard sworn in as US intelligence chief today

A new digital tracker called the DOGE Clock has gained attention online for claiming to monitor taxpayers' savings under the Department of Government Efficiency (DOGE), an initiative led by Elon Musk. While the tracker displays over $32 billion in savings, it is not officially linked to the Donald Trump administration or the department itself.
<h2 class="p2">Purpose of the DOGE Clock</h2>
According to its official website, the DOGE Clock is designed to estimate and display the amount of taxpayer money saved through policy changes introduced by the Department of Government Efficiency. The tracker monitors key financial metrics, including total initiatives proposed by DOGE, overall savings achieved, projected taxpayer savings
Additionally, the tool features a countdown timer leading up to 4 July 2026, which may be linked to the organisation&rsquo;s goal of achieving $2 trillion in savings. However, the accuracy of this target has not been officially verified, as reported by Newsweek.
<h2 class="p2">Role of DOGE in Government Policy</h2>
The Department of Government Efficiency was created through an executive order issued by Donald Trump and has been a key focus of his second administration. Musk has been tasked with leading the initiative, which aims to reduce federal spending by proposing policy changes and efficiency measures.
Since its formation, DOGE has put forward multiple cost-cutting proposals. The department&rsquo;s policies are expected to contribute to the savings calculations displayed by the DOGE Clock, which will continue to update based on implemented reforms.
Also read: <a href="https://www.wionews.com/videos/pm-modis-us-visit-pm-modi-meets-tulsi-gabbard-trump-to-host-dinner-at-white-house-8717548">PM Modi's US Visit: PM Modi Meets Tulsi Gabbard, Trump To Host Dinner At White House</a>
Despite its focus on government savings, the DOGE Clock is not an official government tool. It is part of the Department of Government Efficiency Community Meme Project, a separate, community-driven initiative aimed at raising awareness about federal spending and regulation.
The project&rsquo;s website clarifies that all data displayed on the tracker is "not official" and describes it as a "meme project designed for educational and entertainment purposes." The website also states that the DOGE token associated with the tracker is not intended for financial or investment use.
While the DOGE Clock&rsquo;s figures are not government-certified, the initiative reflects broader public interest in monitoring federal expenditure and cost-cutting measures introduced under the Trump administration.
(With input from agencies)

The tracker monitors key financial metrics, including total initiatives proposed by DOGE, overall savings achieved, projected taxpayer savings

A new digital tracker called the DOGE Clock has gained attention online for claiming to monitor taxpayers' savings under the Department of Government Efficiency (DOGE), an initiative led by Elon Musk. While the tracker displays over $32 billion in savings, it is not officially linked to the Donald Trump administration or the department itself. Purpose of the DOGE Clock According to its official website, the DOGE Clock is designed to estimate and display the amount of taxpayer money saved through policy changes introduced by the Department of Government Efficiency. The tracker monitors key financial metrics, including total initiatives proposed by DOGE, overall savings achieved, projected taxpayer savings Additionally, the tool features a countdown timer leading up to 4 July 2026, which may be linked to the organisation’s goal of achieving $2 trillion in savings. However, the accuracy of this target has not been officially verified, as reported by Newsweek. Role of DOGE in Government Policy The Department of Government Efficiency was created through an executive order issued by Donald Trump and has been a key focus of his second administration. Musk has been tasked with leading the initiative, which aims to reduce federal spending by proposing policy changes and efficiency measures. Since its formation, DOGE has put forward multiple cost-cutting proposals. The department’s policies are expected to contribute to the savings calculations displayed by the DOGE Clock, which will continue to update based on implemented reforms. Also read: PM Modi's US Visit: PM Modi Meets Tulsi Gabbard, Trump To Host Dinner At White House Despite its focus on government savings, the DOGE Clock is not an official government tool. It is part of the Department of Government Efficiency Community Meme Project, a separate, community-driven initiative aimed at raising awareness about federal spending and regulation. The project’s website clarifies that all data displayed on the tracker is "not official" and describes it as a "meme project designed for educational and entertainment purposes." The website also states that the DOGE token associated with the tracker is not intended for financial or investment use. While the DOGE Clock’s figures are not government-certified, the initiative reflects broader public interest in monitoring federal expenditure and cost-cutting measures introduced under the Trump administration. (With input from agencies)

What is DOGE Clock? Understanding the real-time tracker for government spending cuts

Sean ‘Diddy’ Combs is accused in a new lawsuit of drugging and groping an aspiring male musician, sparking controversy and legal battles.

Sean Diddy combs sues documentary makers over false claims

Indian Prime Minister Narendra Modi on Wednesday (local time) landed in the United States as he began his two-day visit, during which he will meet with US President Donald Trump. After landing, PM Modi posted on X that he is looking forward to meeting Trump and building upon the India-USA Comprehensive Global Strategic Partnership. Tulsi Gabbard, newly confirmed as the US Director of National Intelligence, met with PM Modi upon his arrival in Washington, DC, on Wednesday. Watch in for more details!

PM Modi's US visit: PM Modi meets new US spy chief Tulsi Gabbard

A US Navy Growler jet crashed into San Diego Bay during an attempted landing at Naval Air Station North Island. Both pilots ejected safely. The Navy is currently investigating the cause of the crash.

US navy jet crashes into San Diego Bay, pilot eject safely

Dozens of forest fire hotspots are active this Tuesday in the province of Corrientes, in the northeast of Argentina, where between 200,000 and 250,000 hectares have been destroyed this year.

Wildfires rage in Argentina: El Bolson wildfire kills elderly man, evacuations continue

According to reports, Elon Musk's social media platform X has agreed to pay President Donald Trump $10 million to settle a lawsuit over suspending his X account after the US Capitol riots. Watch in for more details!

X to pay $10 million to settle lawsuit over Jan 6 suspension: Report

Marine exploration could be redefined with China finally giving the green light to a deep-sea research facility. The facility will be anchored 2,000 meters below the surface of the strategically significant South China Sea, which is also subject to a number of competing territorial claims. The mission will accommodate six scientists, and it will last as long as six months. Watch in for more details!

China's big step towards redefining marine exploration

Thousands of Nigerians who fled to Chad to escape violence in the country's northeast have returned after more than a decade. Watch in for more details!

Nigerian refugees return home after a decade of violence; temporary camp built to house returnees

Wildfires rage in Corrientes, Argentina; firefighters warn of months-long battle

Sudan's FM says Russian naval base agreement talks still on

world-news

World News, News on World News, stories on World News, articles on World News, World News stories at Wion, World News news, World News latest news

world news