Elon Musk-led team submits $97.4B bid for OpenAI

[Cpvr]

A team of investors led by Elon Musk submitted a $97.6 billion bid to purchase OpenAI on Monday. The news comes by way of Musk’s lawyer, Marc Toberoff, who confirmed the reporting with The Wall Street Journal.

The unsolicited bid is the latest escalation by Musk in his war with co-founder Sam Altman, with whom he cofounded OpenAI with numerous other individuals back in 2015. Musk is already embroiled in a legal dispute with OpenAI, filing a 2024 injunction against its effort to transition away from its nonprofit status. The Musk-led team is positioning the move as a bid to refocus OpenAI on open sourced AI, as was its initial aim.

“It’s time for OpenAI to return to the open source, safety-focused force for good it once was,” Musk told The Journal, by way of Toberoff. “We will make sure that happens.” Musk’s own AI firm, xAI, is involved with the bid, leading to speculation that a successful acquisition could find the two companies merging.

Altman has fittingly responded to the offer via a cheeky X post, writing, “[N]o thank you but we will buy Twitter for $9.74 billion if you want.” Musk and investors famously purchased Twitter for $44 billion in 2022. TechCrunch has reached out to OpenAI for further comment.



Source: https://techcrunch.com/2025/02/10/elon-musk-led-team-submits-97-4b-bid-for-openai/

 

[fdk]

No surprise to see such nonsense from Musk. Only slightly surprised that he's still upto these antics with his new official Government position, but hey, it's a Trump administration, what does anyone expect I guess?

By the way, in b4 Musk tries to sue Sam Altman to force him to pay $9.74billion for Twitter. I'm sure Musk is desperate to get out of that hellhole.

 

[Matthew]

At this point, I think OpenAI has more power than X could hope to have. I'd also be curious to know where the amount for Musk's bid would come from considering the issues he apparently had trying to acquire Twitter previously.

 

[CTS]

he's still upto these antics

They are magnitudes worse than just "antics".

 

[Cpvr]

No surprise to see such nonsense from Musk. Only slightly surprised that he's still upto these antics with his new official Government position, but hey, it's a Trump administration, what does anyone expect I guess?

By the way, in b4 Musk tries to sue Sam Altman to force him to pay $9.74billion for Twitter. I'm sure Musk is desperate to get out of that hellhole.

Sam didn’t waste anytime time responding back to Musk’s antics.

 

[fdk]

Sam didn’t waste anytime time responding back to Musk’s antics.

I absolutely love this. What's great about it is that Sam doesn't take potshots at Musk, or come across at all condescending to me. He handled that interview perfectly well imo, and expressed genuine concern for the lunacy that has overtaken Musk of late.