Elon Musk-led group proposes buying OpenAI for $97.4 billion. OpenAI CEO says ‘no thank you’

A group of investors led by Elon Musk is offering about $97.4 billion to buy OpenAI, escalating a legal dispute with the artificial intelligence company that Musk helped found.

Musk and his own AI startup, xAI, and a consortium of investment firms want to take control of the ChatGPT maker and revert it to its original charitable mission as a nonprofit research lab, according to Musk’s attorney Marc Toberoff.

OpenAI CEO Sam Altman quickly rejected the deal on Musk’s social platform X, saying, “no thank you but we will buy Twitter for $9.74 billion if you want.”

Musk bought Twitter, now called X, for $44 billion in 2022.

Musk and Altman, who

→ Continue reading at The Associated Press

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