Media has learned of Musk's offer to buy out OpenAI for $97.4 billion
An association of investors led by the American entrepreneur, head of the U.S. Department of Government Efficiency (DOGE) Ilon Musk offered $ 97.4 billion for the purchase of a non-profit organization that has a controlling stake in the company OpenAI, which developed the chatbot ChatGPT. The Wall Street Journal (WSJ) reported on February 10.
"A consortium of investors led by Ilon Musk offers $97.4 billion for the purchase of a nonprofit organization that controls OpenAI," - said in the material.
As specified by CNBC, Musk's lawyer Mark Toberoff said that the proposal concerns the purchase of all assets of OpenAI, Inc. and the use of funds "exclusively for the further realization of the initial charitable mission" of the company.
Later, on February 11, OpenAI CEO Sam Altman published a post on social networking site X (formerly Twitter) in which he publicly rejected Musk's offer.
"No thanks, but we can buy Twitter for $9.74 billion if you want," he wrote.
In response, Musk called Altman a fraud.
On January 21, US President Donald Trump announced the creation of Stargate, a company that will invest up to $500 billion in artificial intelligence (AI) as part of a new partnership with OpenAI, Oracle and SoftBank.
That said, Musk wrote on social network X on January 22 that the AI project partners don't actually have that kind of money. Then Altman responded to the American entrepreneur, reproaching him for spreading misinformation.
Before that, in March 2024, Musk filed a lawsuit against OpenAI and Altman, accusing the company of commercialization. The businessman pointed out that the startup he was involved in creating was intended to be a non-profit, open-source software project. Musk considered the receipt of funds from Microsoft Corporation as a "breach of contract" and "undermining the values" of the company. The American entrepreneur himself left the OpenAI board of directors in 2018.
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