Musk-led group makes $97.4 billion bid for control of OpenAI

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FILE PHOTO: Tesla and SpaceX CEO Elon Musk in the Rotunda of the U.S. Capitol on January 20, 2025 in Washington, DC. Chip Somodevilla/Pool via REUTERS/File Photo
Feb 10 (Reuters) – A consortium led by Elon Musk said on Monday it has offered $97.4 billion to buy the nonprofit that controls OpenAI, months after the billionaire sued the artificial intelligence startup to block it from transitioning to a for-profit firm.
Musk’s bid could ratchet up longstanding tensions with OpenAI CEO Sam Altman over the future of the startup at the heart of a boom in generative AI technology.
Altman promptly posted on X: “no thank you but we will buy twitter for $9.74 billion if you want.”