Elon Musk-led group makes surprise bid of nearly $100bn for OpenAI

Quick Summary:

Sam Altman, OpenAI’s CEO and co-founder, responded that he would not accept and offered to buy X insteadElon Musk escalated his feud with OpenAI and its CEO Sam Altman on Monday.

The billionaire is leading a consortium of investors that announced it had submitted a bid of $97.4bn for "all assets” of the artificial intelligence company to OpenAI’s board of directors.

OpenAI also operates a for-profit subsidiary, and Musk’s unsolicited offer could complicate the company’s plans.

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Article Details

Author / Journalist: Dara Kerr

Category: Artificial-intelligenceTechnology

Markets: United Kingdom

Topics: Artificial intelligence (AI) Sam Altman Elon Musk ChatGPT X Technology OpenAI

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 22:27:22 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: theguardian.com

Language: English

Article Length: 569 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © The Guardian

News ID: 26053439

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About The Guardian

Main Topics: Artificial-intelligenceTechnology

Official Website: theguardian.com

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