


Elon Musk's $97.4 Billion Bid for OpenAI Sparks Feud with CEO Sam Altman
Elon Musk's consortium offers $97.4 billion for OpenAI's nonprofit, rejected by CEO Sam Altman, highlighting ongoing rivalry and legal battles.
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Overview
Elon Musk made a $97.4 billion bid to acquire OpenAI's nonprofit, a move rejected by CEO Sam Altman amid their longstanding feud. Altman emphasized that OpenAI is not for sale, arguing the offer is intended to undermine their progress in AI development. Musk, a co-founder, has been in legal disputes with OpenAI since his departure in 2018, claiming the organization strayed from its original mission. As OpenAI looks to transition into a for-profit entity, the board will need to carefully evaluate Musk's unsolicited offer, which complicates their funding and valuation strategies.
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