withdraw

Elon Musk’s lawyer: Musk will withdraw the takeover bid for OpenAI if the company takes this sign off

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Elon Musk’s lawyer: Musk will withdraw the takeover bid for OpenAI if the company takes this sign off

Elon Musk has offered to withdraw his $97.4 billion bid to acquire OpenAI‘s nonprofit arm if the organisation’s board agrees to preserve its charitable mission and halt its conversion to a for-profit entity. In a recent court filing, Musk’s lawyer stated that the offer is serious and that the nonprofit should be compensated at fair … Read more

Adani Group set to withdraw from $442 million wind power project in Sri Lanka: Report

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Adani Group set to withdraw from 2 million wind power project in Sri Lanka: Report

In a written communication to Sri Lanka’s Board of Investment (BOI) dated Wednesday, Adani expressed respect for the government’s stance. The Adani Group has pulled out of a $442 million wind power venture in Sri Lanka after the country’s authorities attempted to modify the agreement, as per documents reviewed by AFP on Thursday.In a written … Read more