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Alana Loftus@Daily Express US :: Feed
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An investment group spearheaded by Elon Musk has made an unsolicited bid of $97.4 billion to acquire the nonprofit organization that oversees OpenAI, the company behind ChatGPT. This move marks a significant escalation in the ongoing feud between Musk and OpenAI CEO Sam Altman, who co-founded the company in 2015. The offer, reported by the Wall Street Journal, was delivered to OpenAI's board of directors by Musk's attorney, Marc Toberoff.
Musk, who departed from OpenAI in 2019, has expressed concerns about the company's shift from its original nonprofit structure to a for-profit model. He has accused OpenAI of abandoning its initial mission to act as a charity focused on openness and safety in AI development. In response to Musk's bid, Altman issued a counteroffer on X, suggesting OpenAI would buy Twitter for $9.74 billion. Musk's bid is backed by his AI startup xAI and aims to return OpenAI to its earlier open-source principles, according to a statement from Musk.
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Musk, who departed from OpenAI in 2019, has expressed concerns about the company's shift from its original nonprofit structure to a for-profit model. He has accused OpenAI of abandoning its initial mission to act as a charity focused on openness and safety in AI development. In response to Musk's bid, Altman issued a counteroffer on X, suggesting OpenAI would buy Twitter for $9.74 billion. Musk's bid is backed by his AI startup xAI and aims to return OpenAI to its earlier open-source principles, according to a statement from Musk.
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- futurism.com: Elon Musk Makes Huge Bid to Seize Control of OpenAI
- www.theguardian.com: Elon Musk-led group makes surprise bid of nearly $100bn for OpenAI
- Techstrong.ai: An investment group led by Elon Musk has made an unsolicited offer of $97.4 billion for the non-profit that controls OpenAI, the latest provocation in the increasingly bitter feud between the world's richest man and OpenAI CEO Sam Altman over the fate of ChatGPT's creator.
- THE DECODER: A group of investors led by Elon Musk has launched an unexpected attempt to take over OpenAI's non-profit organization, potentially disrupting CEO Sam Altman's plans for the company's future.
- Verdict: Could Musk's latest unpredictable move be a misguided effort to democratise AI or yet another bid for control.
- techstrong.ai: Altman's response to Musk's offer
- PCMag Middle East ai: OpenAI’s board of directors has "unanimously" rejected from Elon Musk.
- the-decoder.com: OpenAI's board of directors has firmly closed the door on Elon Musk's acquisition plans.