Elon Musk Bids $97.4 Billion for OpenAI, Sparking Feud with CEO Sam Altman

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Elon Musk Bids $97.4 Billion for OpenAI, Sparking Feud with CEO Sam Altman
BusinessELON MUSKOPENAI
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Elon Musk, aiming to acquire OpenAI, the leading AI research company, has made a $97.4 billion bid, reigniting a public feud with OpenAI CEO Sam Altman. Musk's move comes amidst a clash over OpenAI's direction, with Musk accusing the organization of prioritizing profits over its original mission of developing beneficial AI.

Elon Musk seems to have it all. Bloomberg estimates his net worth at $402 billion, and he apparently has been given the ability to do whatever he wants by President Donald Trump. But all of this might not be enough and now Musk is going after the hottest company in the hottest sector in the world of technology. Musk and other investors haveThere is an interesting backstory here. Musk co-founded OpenAI along with the latter's CEO Sam Altman and others back in 2015.

Musk and Altman are feuding and Musk has sued OpenAI claiming that the company violated its original non-profit charter by putting a priority on profits over its original goal of developing AI for the good of humanity. As proof of this shift in its goal, Musk points out how close OpenAI has become with Microsoft which has committed itself to investing as much as $13 billion in the company.Less than an hour after news of the Musk group's $97.

Elon Musk formed a new AI venture back in 2023 called xAI which has a goal"to understand the true nature of the universe." The Musk-Altman feud turned up the heat a few degrees after Elon started the company. If you like to see a pair of tech billionaires battle each other in public while a $97 billion unsolicited takeover and the future of AI hangs in the balance, grab a bag of Orville Redenbacher, fire up the microwave, sit back and watch.Follow us on social media to catch the latest trending stories, watch exclusive videos, and join the conversation with our vibrant community!

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Elon Musk Bids $97B for OpenAI, Sparking Feud With Sam AltmanElon Musk Bids $97B for OpenAI, Sparking Feud With Sam AltmanBillionaire Elon Musk has made a $97.4 billion unsolicited offer to acquire OpenAI, escalating his conflict with CEO Sam Altman over the future direction of the artificial intelligence company. The move could interfere with Altman's plans to turn OpenAI into a profitable entity and invest heavily in AI infrastructure through Stargate, a joint venture he's involved in. Musk and Altman are currently engaged in a legal battle over OpenAI's trajectory.
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