Elon Musk bids $97.4 billion to acquire OpenAI, aiming to revert it to a non-profit model.

Elon Musk has led a group in a $97.4 billion bid to acquire OpenAI, aiming to return it to its original non-profit, open-source mission. OpenAI CEO Sam Altman, with whom Musk has a history of disagreements, has rejected the offer. The bid comes amid a legal dispute over OpenAI's transition to a for-profit entity, which Musk argues deviates from its founding principles of developing AI for the public good. If successful, the acquisition could significantly alter the direction and control of advanced AI development.

5 weeks ago
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