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

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

Elon Musk, OpenAI, Sam Altman, Technology, Artificial intelligence (AI), ChatGPT, X Business | The Guardian

​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.The startup, which operates ChatGPT, has been working to restructure itself away from its original non-profit status. OpenAI also operates a for-profit subsidiary, and Musk’s unsolicited offer could complicate the company’s plans. The Wall Street Journal first reported the proposed bid. Continue reading… 

Sam Altman, OpenAI’s CEO and co-founder, responded that he would not accept and offered to buy X instead

Elon 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.

The startup, which operates ChatGPT, has been working to restructure itself away from its original non-profit status. OpenAI also operates a for-profit subsidiary, and Musk’s unsolicited offer could complicate the company’s plans. The Wall Street Journal first reported the proposed bid.

Continue reading… 

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