The unsolicited offer for the assets of OpenAI could end up costing CEO Sam Altman, whether he takes it or not.

The unsolicited offer complicates Sam Altman’s plans to convert OpenAI to a for-profit company.

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The ruling is the latest rebuke of the president’s effort to halt grants approved by Congress.

A consortium of investors led by Elon Musk is offering $97.4 billion to buy the nonprofit that controls OpenAI, raising the ...