Elon Musk Reportedly Wants to Acquire OpenAI for Nearly $100 Billion

The Wall Street Journal reports that a consortium led by billionaire Elon Musk has made a $97.4 billion bid to acquire the nonprofit behind OpenAI.

 

According to the American business newspaper, Musk’s lawyer, Marc Toberoff, submitted the bid to the ChatGPT developer’s board on Monday.

That deepens tensions between Musk and OpenAI CEO Sam Altman in the battle for the company’s future behind the popular chatbot. Altman wants to transform OpenAI into a commercial company and is willing to invest hundreds of billions.

‘No, thank you’
OpenAI’s board has not yet responded to Musk’s bid. However, Sam Altman did say what he thinks about Musk-owned messaging service X. “No thanks,” the CEO wrote.

He added that he wants to buy Twitter (X’s former name) for $9.74 billion. Musk paid about $44 billion for it in 2022.

By Arsh Khan

Journalist, reporter! Owner and Author in GokNews. I like to speak on current affairs, journalism is my most favorite topic. My friends always try to beat my words, but in vain, ha!