Musk to Withdraw Bid if OpenAI Remains a Nonprofit. What Happens Next. - Barron's
1. Musk will withdraw $97.4B bid if OpenAI halts for-profit transition. 2. OpenAI's valuation stands at $157 billion amid funding discussions. 3. Legal disputes may complicate OpenAI's conversion to for-profit. 4. Musk's xAI claims to outperform competitors with its chatbot Grok 3. 5. OpenAI plans to release GPT-4.5 and GPT-5 models soon.