Elon Musk Makes $97.4 Billion Bid to Buy OpenAI

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Elon Musk Makes $97.4 Billion Bid to Buy OpenAI
ELON MUSKOPENAICHATGPT
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Elon Musk and a group of investors have submitted an unsolicited $97.4 billion bid to purchase OpenAI, the nonprofit organization behind ChatGPT. The move intensifies Musk's ongoing conflict with OpenAI CEO Sam Altman. Musk, citing the company's initial mission of open-source, safety-focused AI development, aims to steer OpenAI back to its roots. Altman, who co-founded OpenAI with Musk in 2015, has rejected the bid and stated OpenAI's intention to remain a for-profit entity.

Elon Musk and a group of investors have submitted a bid to buy OpenAI, which developed ChatGPT Elon Musk is leading a group of investors reportedly offering an unsolicited $97.4billion to purchase the nonprofit that has control of OpenAI. The bid submitted to OpenAI’s board of directors on Monday intensifies Musk’s battle with the company’s CEO, Sam Altman.

Elon Musk led a group of investors in submitting the unsolicited bid for OpenAI OpenAI proceeded to form a for-profit subsidiary that has allowed it to raise funds from investors including Microsoft. Altman has been trying to convert the subsidiary into a traditional company, and if it pans out, it would be one of the biggest conversions of a charity into a for-profit business of all time.

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