Elon Musk proposes buying OpenAI

Billionaire Elon Musk is leading a group of investors in a $97.4 billion bid to buy control of OpenAI, a new report says. The offer is for the nonprofit that oversees the artificial intelligence startup behind ChatGPT.

Elon Musk proposes buying OpenAI

The group of investors includes Elon Musk, his xAI startup, and longtime investors in his other businesses including Baron Capital Group, Valor, Atreides, Vy Capital, Joe Lonsdale's 8VC and an investment firm led by Endeavor CEO Ari Emanuel.

The offer is reportedly to “acquire all of the assets of OpenAI, Inc” with the proceeds to be “used exclusively to advance OpenAI, Inc’s original charitable mission.”

In a post on social network X, OpenAI CEO Sam Altman responded: "No thanks but we will buy Twitter for $9.74 billion if you want." Musk then replied to the post with the phrase "fraud" and in the reply of another user also called OpenAI CEO "fraud Altman".

Prior to that, both Elon Musk and Sam Altman were among the co-founders of OpenAI in 2015. Since then, OpenAO has emerged as a giant in the field of generative AI, launching ChatGPT in 2022 and sparking a wave of investment in new tools and infrastructure for next-generation AI products and services.

Musk left OpenAI and sued the company, alleging antitrust violations and trying to block its conversion to a for-profit company.

Source: https://kinhtedothi.vn/elon-musk-de-xuat-mua-openai.html