Elon Musk Offers $97.4 Billion for OpenAI’s Nonprofit Arm, Altman Fires Back

Elon Musk Offers $97.4 Billion for OpenAI’s Nonprofit Arm, Altman Fires Back

Summary: Elon Musk has offered $97.4 billion to acquire the nonprofit arm controlling OpenAI, aiming to prevent its shift toward a for-profit model. OpenAI CEO Sam Altman swiftly rejected the bid with a sarcastic response on X, suggesting OpenAI could buy Twitter for $9.74 billion instead. The exchange highlights ongoing tensions between Musk and OpenAI, raising questions about the future direction of the AI giant.

In a dramatic escalation of the battle over OpenAI’s future, a consortium led by billionaire entrepreneur Elon Musk has made a staggering $97.4 billion offer to acquire the nonprofit entity overseeing the AI powerhouse behind ChatGPT.

Musk, a vocal critic of OpenAI’s potential shift toward a for-profit model, has been ramping up efforts to steer the company back to its original mission of developing artificial intelligence for the benefit of humanity. His bid underscores concerns that OpenAI’s increasing commercialization could conflict with its nonprofit origins.

Responding swiftly to the offer, OpenAI CEO Sam Altman took to X (formerly Twitter) with a pointed retort: “No thank you, but we will buy Twitter for $9.74 billion if you want.”

Altman’s sharp response underscores the growing tensions between Musk and OpenAI, the organization he co-founded but later parted ways with. While Musk has criticized OpenAI’s trajectory, the company has continued to push forward with its AI advancements, cementing its dominance in the field.

It remains to be seen how Musk’s latest move will impact OpenAI’s governance or whether the bid will spark further negotiations. However, the exchange between Musk and Altman highlights the ongoing power struggle over the future of AI development and corporate influence within the sector.\

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