BREAKING: Elon Musk-Led Investors Make Stunning $97.4 Billion Bid to Control OpenAI

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A group led byย Elon Muskย has made a bold move toย control OpenAI, with Muskโ€™s attorney, Marc Toberoff, confirming on Monday that a $97.4 billion bid was submitted to the companyโ€™s board of directors.

This unsolicited offer could disrupt CEO Sam Altmanโ€™s plans to transition OpenAI into a for-profit entity. Altman has been spearheading an ambitious $500 billion investment in AI infrastructure under the “Stargate” joint venture, as reported byย The Wall Street Journal.

Elon Musk, who co-founded OpenAI in 2015 but left in 2019, framed the bid as an effort to restore the companyโ€™s original mission. โ€œItโ€™s time for OpenAI to return to the open-source, safety-focused force for good it once was,โ€ Musk stated through Toberoff. โ€œWe will make sure that happens.โ€

This is a breaking news story. Refresh for more updates.

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Ashley Michael
Ashley Michael

Ashley Michael is a journalist who covers U.S. politics, breaking news, and major events. she focuses on bringing clear, accurate, and timely stories to readers.