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Story summary
- Sam Altman, OpenAI CEO, won his legal battle with Elon Musk after a jury dismissed the lawsuit.
- OpenAI will file for an IPO within days, targeting September 2026.
- It forecasts cash burn could reach $665 billion before profitability in 2030.
- Elon Musk made a $97.4 billion bid for OpenAI’s controlling nonprofit and is preparing his xAI startup for a public offering to beat OpenAI’s timing.
