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RE: LeoThread 2025-02-19 12:07

in LeoFinance5 days ago

Part 6/9:

The case is now in the hands of a judge in Northern California, with Musk asking the court to mandate a return to the nonprofit model. The implications of such a ruling would be profound, affecting OpenAI’s ability to attract private investment—crucial for its research and development initiatives. Currently negotiating a $25 billion investment from SoftBank, OpenAI’s pursuit of for-profit status is designed to secure substantial capital for its future endeavors.