Elon Musk Leads $97.4 Billion Bid to Take Control of OpenAI

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Elon Musk Leads $97.4 Billion Bid to Take Control of OpenAI
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Elon Musk is spearheading a group of investors in a $97.4 billion offer to acquire OpenAI, the company behind ChatGPT. This move comes amidst a long-standing dispute between Musk and OpenAI CEO Sam Altman regarding the organization's direction. Musk, who co-founded OpenAI in 2015, alleges the company has strayed from its initial public benefit mission. The bid also coincides with OpenAI's transition to a for-profit model, intended to accelerate its goals of ensuring AI benefits humanity.

Elon Musk is leading a group of investors in a $97.4 billion bid to take control of OpenAI, the artificial intelligence company that operates ChatGPT. In a post on social media, OpenAI CEO Sam Altman responded, 'o thank you but we will buy twitter for $9.74 billion if you want,' referring to the social media app Musk bought for $44 billion in 2022. Musk's offer to buy ChatGPT was reported first by the Wall Street Journal.

The offer comes as OpenAI is seeking to transform into a for-profit business, a decision that it said would help the AI company pursue its mission of ensuring the technology 'benefits all of humanity,' according to its website. OpenAI has also formed a partnership with Microsoft, which has invested billions in the AI company and integrated OpenAI's GPT-4 tech into its software programs. 'At x.AI, we live by the values I was promised OpenAI would follow.

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