Elon Musk has launched a $97.4 billion bid to buy OpenAI’s nonprofit arm, backed by xAI, Valor Equity Partners and other investors. This move intensifies Musk’s AI rivalry with OpenAI, which he co-founded in 2015 but left in 2019. Musk claims OpenAI has strayed from its mission of AI safety and openness, aligning with his ongoing lawsuit against the company. The bid complicates OpenAI’s shift to a for-profit model, as Musk’s team vows to outmatch competing offers. CEO Sam Altman dismissed the bid with a humorous post on X, suggesting OpenAI would buy Twitter instead.
Source: The Verge