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- BBC: “Elon Musk-led group makes $97.4bn bid for ChatGPT maker OpenAI“
– A consortium of investors led by Elon Musk offered $97.4 billion to take over OpenAI, the maker of ChatGPT. The billionaire’s attorney, Marc Toberoff, confirmed he submitted the bid for “all assets” of OpenAI.
- MacRumors: ”OpenAI Swiftly Rebuffs Musk’s Surprise $97.4 Billion Buyout Attempt”
– Elon Musk led a consortium of investors in making a $97.4 billion unsolicited offer to acquire OpenAI’s nonprofit arm,but the offer was immediately rejected by CEO Sam Altman.
- Economic Times: “ET Explainer: Elon Musk-led group offers $97.4 billion to buy openai”
– An Elon Musk-led consortium is offering approximately $97.4 billion to acquire OpenAI, aiming to regain control over the ChatGPT creator and steer it back to its original mission as a non-profit research lab focused on benefiting the public.
Elon Musk’s Bold Move: Proposing $97.4 Billion Acquisition of OpenAI
Table of Contents
In a surprising turn of events, Elon Musk, along with a group of investors, has proposed a $97.4 billion acquisition of OpenAI, the institution behind the popular AI model, ChatGPT. this move comes as part of Musk’s ongoing efforts to influence the direction of AI advancement and its commercialization.
Musk’s Criticism of OpenAI’s Transition
Elon Musk has been a vocal critic of OpenAI’s transition from a non-profit to a for-profit entity. He has expressed his discontent, stating, “I still donate $100 million to the nonprofit that somehow became a for-profit with a market capitalization of $30 billion.If this is legal, why wouldn’t everyone do that?” Musk’s criticism underscores his belief that the shift in OpenAI’s status could lead to unethical practices and a lack of transparency in AI development.
The Lawsuit Against OpenAI and Microsoft
In February 2024, Musk took legal action against OpenAI, alleging that it had become “a de facto subsidiary of Microsoft.” The lawsuit aims to halt OpenAI’s commercial activities, wich Musk believes are detrimental to the ethical and responsible development of AI. This legal battle has significant implications for the AI industry, as it raises questions about the governance and ethical considerations of AI companies.
Musk’s Proposal to Acquire OpenAI
On February 10, 2025, Musk announced his intention to acquire OpenAI for $97.4 billion. This proposal is seen as a strategic move to prevent OpenAI from fully transitioning into a for-profit business. Reuters reported that this acquisition could be a pivotal moment in Musk’s efforts to shape the future of AI.
OpenAI CEO Altman’s Response
Following Musk’s proclamation, OpenAI CEO Sam Altman took to X (formerly Twitter) to respond. Altman tweeted, “No, that’s fine. If you’re OK, we’ll buy Twitter for $9.74 billion.” This response was a nod to Musk’s previous acquisition of Twitter for $44 billion in October 2022. Altman’s tweet added a layer of humor to the tense situation, highlighting the complex dynamics between the two tech giants.
The Details’s Report
The Information reported that Altman plans to communicate to OpenAI employees that he is not interested in Musk’s acquisition proposal. This decision reflects Altman’s commitment to maintaining OpenAI’s independence and its mission to develop AI responsibly.
Key Points Summary
| Date | Event |
|————|————————————————————————-|
| Feb 10, 2025 | Elon Musk and investors propose $97.4 billion acquisition of OpenAI |
| Feb 10, 2025 | OpenAI CEO Sam Altman responds with a humorous tweet about buying Twitter |
| Feb 2024 | Elon Musk sues OpenAI, alleging it is indeed a subsidiary of Microsoft |
| Oct 2022 | Elon Musk acquires Twitter for $44 billion |
Conclusion
Elon Musk’s proposal to acquire OpenAI for $97.4 billion marks a significant development in the ongoing debate over the commercialization of AI.As the legal battle between Musk and OpenAI continues, the future of AI governance and ethics remains a contentious issue. The dynamic interplay between Musk, Altman, and their respective organizations will undoubtedly shape the trajectory of AI development in the coming years.
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Elon Musk’s Bold Move: Proposing $97.4 Billion Acquisition of OpenAI
in a surprising turn of events, Elon Musk, along with a group of investors, has proposed a $97.4 billion acquisition of OpenAI, the institution behind the popular AI model, ChatGPT. This move comes as part of Musk’s ongoing efforts to influence the direction of AI advancement and its commercialization.
Interview with AI Expert David Thompson on Elon Musk’s Offer to Acquire OpenAI
Musk’s Criticism of OpenAI’s Transition
Editor: David, can you share your insights on Elon Musk’s criticism of OpenAI’s transition from a non-profit to a for-profit entity?
David Thompson: Absolutely. Elon Musk has been vocal about his discontent with OpenAI’s shift in status. He questioned the legality and ethics of this transformation, which he believes could lead to unethical practices and a lack of transparency in AI growth. This criticsm highlights his commitment to maintaining ethical standards and public benefit in AI research.
The Lawsuit Against OpenAI and Microsoft
Editor: What are your thoughts on the lawsuit Elon Musk filed against OpenAI earlier this year?
David Thompson: in February 2024,Musk took legal action arguing that OpenAI is essentially a subsidiary of Microsoft. His lawsuit aims to halt what he perceives as detrimental commercial activities. This legal battle raises significant questions about the governance and ethical considerations of AI companies, potentially reshaping the industry’s norms.
Musk’s Proposal to Acquire OpenAI
Editor: Can you elaborate on the recent proposal by Elon Musk to acquire OpenAI for $97.4 billion?
David Thompson: On february 10, 2025, Musk announced his intention to acquire OpenAI in a strategic move to prevent the company from fully transitioning into a for-profit business. This acquisition, if successful, could be pivotal in defining the future of AI and its ethical implications.
OpenAI CEO Altman’s Response
Editor: How did OpenAI CEO Sam Altman respond to Musk’s proposal?
david Thompson: Following Musk’s announcement, Altman responded with a tweet about buying Twitter for $9.74 billion. This response was a nod to Musk’s previous acquisition of Twitter, adding a layer of humor to the tense situation while subtly highlighting the complex dynamics between the two tech giants.
The Details’ Report
Editor: What’s the latest on the details surrounding Altman’s response to Musk’s proposal?
David Thompson: According to The Data, Altman plans to communicate to OpenAI employees that he is not interested in Musk’s acquisition proposal. This decision reflects Altman’s commitment to maintaining OpenAI’s independence and its mission to develop AI responsibly.
Key Points Summary
| Date | Event |
|---|---|
| Feb 10, 2025 | Elon Musk and investors propose $97.4 billion acquisition of OpenAI |
| Feb 10, 2025 | OpenAI CEO Sam Altman responds with a tweet about buying Twitter |
| Feb 2024 | Elon Musk sues OpenAI, alleging it is indeed a subsidiary of Microsoft |
| Oct 2022 | Elon Musk acquires Twitter for $44 billion |
Conclusion
Editor: David, what are the main takeaways from this interview?
David Thompson: The proposal by Elon Musk to acquire OpenAI marks a significant development in the ongoing debate over the commercialization of AI. As the legal battle between Musk and OpenAI continues, it raises crucial questions about AI governance and ethics. The dynamic interplay between Musk,Altman,and their respective organizations will undoubtedly shape the trajectory of AI development in the coming years.
Follow us on X for the latest updates on AI and technology.
