Elon Musk-Led-Team submits a $97.4 billion bid to Openai

Elon Musk-led investor team submitted a $97.6 billion bid to buy Openai on Monday. The news comes from Musk’s lawyer Mark Toberov. I checked the report With the Wall Street Journal.

The unsolicited bid is Musk’s latest escalation in the war with co-founder Sam Altman, as it appears that Altman is trying to make ChatGpt-Maker private. Musk has already been caught up in a legal dispute with Openai; 2024 Injunction He opposes efforts to move away from nonprofit status. The mask-led team is positioning the move as a bid to maintain the organization’s first open source focus.

“It’s time for Openai to go back to open source, and it used to be focused on the power of safety,” Musk told the Journal by Toberoff. “We’ll see that happens.” Musk’s own AI company Xai is involved in the bid and speculates that if the acquisition is successful, the two companies will merge.

Altman responded to the offer properly – Through a cheeky X-Post“Thank you (n)o, but I’ll buy Twitter if necessary for $9.74 billion.” Musk bought Twitter in 2022 for $44 billion.