Billionaire Elon Musk, through a consortium of investors, is reportedly offering $97.4 billion to acquire OpenAI, the nonprofit controlling the influential artificial intelligence startup. The bid intensifies a long-standing conflict between Musk and OpenAI CEO Sam Altman over the direction of the company. Musk aims to return OpenAI to its original open-source, safety-focused mission, potentially merging it with his own AI company, xAI.
A consortium of investors led by billionaire Elon Musk is reportedly offering $US97.4 billion to buy the nonprofit that controls artificial intelligence startup OpenAI. The offer, reported in the Wall Street Journal, intensifies a longstanding battle between OpenAI CEO Sam Altman and Musk over the future of the startup at the heart of a boom in generative AI technology. Musk’s lawyer Marc Toberoff said he submitted the bid to OpenAI’s board on Monday, according to the report.
” OpenAI, Musk, Toberoff and OpenAI-backer Microsoft did not immediately respond to Reuters’ requests for comment. The bid is being backed by Musk’s AI company xAI, which could merge with OpenAI following a deal, the WSJ reported. Musk cofounded OpenAI with Altman in 2015, but left before the company took off. He later founded the competing AI startup xAI in 2023.
Openai Elon Musk Artificial Intelligence AI Takeover
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