Musk-led group makes $97.4 billion bid for control of OpenAI

Feb 10 (Reuters) – A consortium led by Elon Musk said on Monday it has offered $97.4 billion to buy the nonprofit that controls OpenAI, months after the billionaire sued the artificial intelligence startup to block it from transitioning to a for-profit firm.

Musk’s bid could ratchet up longstanding tensions with OpenAI CEO Sam Altman over the future of the startup at the heart of a boom in generative AI technology.

Altman promptly posted on X: “no thank you but we will buy twitter for $9.74 billion if you want.”

The two are already embroiled in an ongoing lawsuit. Musk criticized a $500 billion OpenAI-led project called Stargate announced with great fanfare at the White House just after President Donald Trump returned to office, suggesting the investors involved lacked the funding for the project.

“It’s time for OpenAI to return to the open-source, safety-focused force for good it once was,” Musk said in the press release. “We will make sure that happens.”

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