Elon Musk offers $97 billion to buy OpenAI, Sam Altman rejects it and mocks him saying we will buy X for $9B
1 month, 2 weeks ago

Elon Musk offers $97 billion to buy OpenAI, Sam Altman rejects it and mocks him saying we will buy X for $9B

India Today  

Elon Musk, after previously suing OpenAI, has now made an attempt to purchase the company. Recent reports reveal that Musk, along with a group of investors, approached CEO Sam Altman with an offer to buy out OpenAI for $97 billion. However, Altman declined the offer, responding with a firm, "no thank you.” According to the Wall Street Journal report, Musk and his investment group have officially proposed to OpenAI’s board to take control of the company and return it to its nonprofit origins. Marc Toberoff, Musk’s lawyer, stated, "If Sam Altman and the current board want OpenAI to become a fully for-profit company, it’s important that the charity is fairly compensated for losing control of such groundbreaking technology." In August 2024, Musk again filed a new lawsuit and accused OpenAI of racing to develop powerful “artificial general intelligence” technology to “maximize profits.” Musk also accused the company of engaging in racketeering.

History of this topic

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1 month, 1 week ago
OpenAI board rejects Elon Musk's $97.4 billion offer
1 month, 1 week ago
OpenAI board rejects Elon Musk's $97.4 billion offer
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1 month, 1 week ago
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1 month, 1 week ago
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1 month, 1 week ago
OpenAI board unanimously rejects Elon Musk’s $97.4 billion proposal
1 month, 1 week ago
Musk says he will agree to take back OpenAI takeover bid, if Sam Altman stops from going for-profit
1 month, 1 week ago
Elon Musk says he’ll withdraw $97.4 billion bid for OpenAI if ChatGPT maker remains nonprofit
1 month, 1 week ago
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1 month, 1 week ago
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1 month, 1 week ago
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