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Elon Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI, Report Says
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Key Points
- The investment group led by Elon Musk, led by Elon Musk, reportedly made a $97.4 billion offer to buy nonprofit control OpenAi.
- Openai CEO Sam Altman founded the company with Musk in 2015, and he rejected the offer on Musk-owned X.
- Musk sued Openai last year, accusing Altman of violating the company’s mission of establishing the company by prioritizing profits over benefiting from humanity.
An investment group led by Elon Musk provided $97.4 billion to buy a nonprofit that controls OpenAI, Wall Street Journal Report Monday night.
The proposed proposal was reportedly submitted to the Chatgpt developer board by Musk’s attorney Marc Toberoff. According to Toberoff’s statement Magazine “Now it is the security-focused force that once returned to open source,” Musk said.
Openai CEO “No, thank you, but we’ll buy Twitter for $9.74 billion if you want,” wrote Sam Altman on the social media platform owned by Musk. (“Scammer,” Musk replied.) Meanwhile, SoftBank is said to be preparing a multi-billion-dollar Openai investment to value it over $200 billion.
Musk and Ultraman co-founded Openai as nonprofits in 2015. Musk sues Altman Last year, Openai accused him and others of violating the company’s founding mission and prioritizing profits over seeking human interests.
Openai (Openai (MSFT), yes Plan to reorganize Become a for-profit organization. Musk left Openai’s board in 2018. Initiate your own AI Company, XAI, 2023.
Musk and Ultraman also established ties through the Trump administration. Musk is leading Trump’s new Ministry of Government Efficiencywhile Altman’s Openai is $500 billion The AI ​​infrastructure joint venture was announced at the White House last month.
Openai itself did not immediately respond to a request for comment; neither did Tesla or Microsoft owned by Musk.
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