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Elon Musk Says He Will Drop OpenAI Bid if Company Keeps Corporate Structure

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.

After DeepSeek, Venture Capital Investors Face Questions About Their A.I. Bets

Venture capitalists plowed money into A.I. start-ups like OpenAI and Anthropic. But the rise of the Chinese A.I. start-up DeepSeek has called that funding frenzy into question.
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