Wild stuff: Elon & a group is offering $97.4B to acquire (via xai) the nonprofit that controls OpenAI. Altman mocking the move

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by CosmicTacoGrapevine

Elon Musk's $97B Bid to Take Over OpenAI

Elon Musk, alongside a consortium of investors, announced a $97.4 billion bid to take over OpenAI, sparking a potential hostile takeover.
OpenAI CEO Sam Altman quickly responded, rejecting the offer and humorously counter-offering to...

by CosmicTacoGrapevine

OpenAI's board has not received a formal bid from Elon Musk's consortium, despite Musk's publicized offer of $97.4 billion.
OpenAI CEO Sam Altman dismissed the bid, stating the company is not for sale and calling it a tactic by Musk ...

by CosmicTacoGrapevine

OpenAI CEO Sam Altman called Elon Musk’s $97.4 billion bid for OpenAI’s nonprofit an attempt to slow down the company at the AI Action Summit in Paris.
Altman criticized Musk, suggesting he operates from a position of insecurity and ...

by CosmicTacoGrapevine

OpenAI has turned down a $97.4 billion offer from Elon Musk's consortium, stating the company is not for sale.
The bid is seen as Musk's attempt to prevent OpenAI from becoming a for-profit entity, a move he has opposed since leavin...

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