A workforce of buyers led by Elon Musk submitted a $97.6 billion bid to buy OpenAI on Monday. The information comes by means of Musk’s lawyer, Marc Toberoff, who confirmed the reporting with The Wall Road Journal.
The unsolicited bid is the most recent escalation by Musk in his warfare with co-founder Sam Altman, with whom he co-founded OpenAI with quite a few different people again in 2015. Musk is already embroiled in a authorized dispute with OpenAI, submitting a 2024 injunction towards its effort to transition away from its nonprofit standing. The Musk-led workforce is positioning the transfer as a bid to refocus OpenAI on open sourced AI, as was its preliminary purpose.
“It’s time for OpenAI to return to the open supply, safety-focused power for good it as soon as was,” Musk informed The Journal, by means of Toberoff. “We are going to make it possible for occurs.” Musk’s personal AI agency, xAI, is concerned with the bid, resulting in hypothesis {that a} profitable acquisition might discover the 2 corporations merging.
Musk particularly calls out X’s Grok mannequin in a associated assertion supplied to Trendster. “At x.AI, we reside by the values I used to be promised OpenAI would observe,” the billionaire says. “We’ve made Grok open supply, and we respect the rights of content material creators,” stated Musk. “It’s time for OpenAI to return to the open-source, safety-focused power for good it as soon as was. We are going to make it possible for occurs.”
In response to Musk’s supply, Altman earlier Monday authored a cheeky X submit, writing, “no thanks however we are going to purchase Twitter for $9.74 billion if you would like.” Musk and buyers famously bought Twitter for $44 billion in 2022. Trendster has reached out to OpenAI for additional remark.
