Elon Musk-led investor team submitted a $97.6 billion bid to buy Openai on Monday. The news has been confirmed in the Wall Street Journal via Musk’s attorney Marc Toberoff.
The unsolicited bid is the latest escalation by Musk in the war with co-founder Sam Altman, who he co-founded Open Alliance with many other individuals in 2015. MUSK has already been caught up in a legal dispute with Openai and has filed an injunction for 2024. Efforts to stay away from nonprofit status. The mask-led team is positioning the movement as a bid to refocus Openai on open source AI, similar to its original objective.
“It’s time for Openai to go back to open source, and it used to be focused on the power of safety,” Musk told the Journal by Toberoff. “We’ll see that happens.” Musk’s own AI company Xai is involved in the bid, leading to speculation that if the acquisition is successful, they can discover that the two companies are merging.
Musk specifically invokes the Grok model of X with the associated statement provided to TechCrunch. “At X.ai, we live in the values Openai has been promised to follow,” says the billionaire. “We’ve made Grok open source and we respect the rights of content creators,” Musk says. “It’s time for Openai to return to its open source, safety-focused power. We’ll see that happens.”
In response to Musk’s offer, Altman wrote a cheeky X-Post earlier Monday, saying, “Thank you, but I’ll buy Twitter for $9.74 billion if necessary,” Musk and investors said. He is famous for purchasing Twitter in 2022 for $44 billion. TechCrunch reached out to Openai for further comment.
Source link
