OpenAI board unanimously rejects Musk-led group's $97.4bn offer, says company 'is not for sale'
The OpenAI board has unanimously rejected an offer of $97.4 billion from a consortium led by Tesla CEO Elon Musk. The board ...
Buyout group Thoma Bravo set for $4bn windfall after SailPoint IPO
Thoma Bravo used about $6bn of its investors’ cash to buy SailPoint. In December 2024, it invested a further $600mn to pay down SailPoint’s debt in an effort to increase the company’s appeal to ...
Musk-led group makes $97.4bn bid for ChatGPT maker OpenAI
The billionaire's attorney, Marc Toberoff, confirmed he submitted the bid for "all assets" of the company on Monday.
insurancebusinessmag4d
Insurers hit by $4bn Supreme Court decision
In a remarkably rapid decision, the Hawaii Supreme Court has ruled that insurance companies cannot block the $4 billion ...