Musk Group Offers $97.4 Billion for OpenAI
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As the Wall Street Journal exclusively reported, an investor consortium led by Elon Musk is offering $97.4 billion for the purchase of the nonprofit organization that controls OpenAI. Musk's attorney, Marc Toberoff, stated that he submitted a bid for all the assets of the nonprofit organization to the OpenAI board on February 10, 2025. The unsolicited offer proves to be an additional hurdle for Altman's carefully planned future strategy for OpenAI, which includes converting it into a for-profit company and investing up to $500 billion in AI infrastructure...
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