Elon Musk's $97.4 Billion Bid to Acquire OpenAI Sparks Controversy
Reuters
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Contributed by: Reid Stephan
Summary
Elon Musk has made a $97.4 billion bid to acquire the nonprofit organization that oversees OpenAI, following prior legal action intended to halt the organization's shift to a for-profit model. This bid underscores the existing conflict between Musk and OpenAI CEO Sam Altman regarding the company's future direction within the generative AI landscape. Altman jokingly rejected the bid on social media while the two are also involved in a lawsuit concerning OpenAI's financial projects. Musk's proposal, which includes potential synergies with his AI company, xAI, hinges on securing immense funding and navigating possible antitrust challenges.
