Elon Musk Co-Founded OpenAI, Now He's Bidding $97.4B To Take Back The Company

Quick Summary:

The Wall Street Journal reports Monday that Musk is leading a group bidding $97.4-billion to take control of the nonprofit that controls OpenAI.

A group of investors led by the world's richest person Elon Musk has made a $97.4-billion offer to acquire control of OpenAI, the nonprofit AI giant Musk once co-founded.

What Happened: Musk, who has sued OpenAI as the company attempts to transition to a for-profit structure, previously founded the company with Sam Altman, Greg Brockman and several other individuals.

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Article Details

Author / Journalist: Chris Katje

Category: Technology

Markets: United States

Topics: Tech Benzinga Elon Musk ChatGPT Sam Altman XAI AI Artificial intelligence Top Stories Stories That Matter MSFT OpenAi US5949181045

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 21:29:25 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 549 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26051524

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Official Website: benzinga.com

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