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Elon Musk-led-team submits $97.4B bid for OpenAI

Elon Musk-led-team submits $97.4B bid for OpenAI

February 10, 2025: Musks $97.4B Bid to Acquire OpenAI - Elon Musk, along with other investors, submitted a $97.4 billion bid to purchase OpenAI, aiming to return it to its original open-source focus. This bid follows Musk's legal actions against OpenAI's shift from its nonprofit roots. His AI firm, xAI, is involved, suggesting a possible merger.

OpenAI's co-founder, Sam Altman, humorously declined the offer, proposing instead to buy Twitter for $9.74 billion. This exchange is the latest episode in Musk's ongoing conflict with Altman over OpenAI's direction.

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