A consortium of investors led by billionaire Elon Musk is offering $97.4 billion to buy the nonprofit that controls artificial intelligence startup OpenAI, the Wall Street Journal reported on Monday.
Elon Musk just offered to buy OpenAI for $97.4 billion
-- The Verge (@theverge.com) February 10, 2025 at 4:30 PM
[image or embed]
Update ...
OpenAI's Altman Says "No Thank You But We Will Buy Twitter For $9.74 Billion If You Want" - X Post
www.marketscreener.com
Musk is trying to sabotage OpenAI's transition into a for-profit entity.
What's Behind Elon Musk's Hostile Bid for Control of OpenAI
The tech mogul is unlikely to win. But his goal may be more about making life difficult for the A.I. start-up and its leader, Sam Altman.
Musk appears to be trying to force Altman into potentially paying more to transform OpenAI into a for-profit company. Billions are on the line. [...] Musk just set a floor price - in public. It also puts added pressure on any regulatory review. To gain approval, any deal Altman works out will have to be seen as equal to or better than Musk's offer.
www.nytimes.com
Drudge Retort Headlines
Trump Intensifies Statehood Threats in Attack on Canada (67 comments)
Trump's FBI Moves to Criminally Charge Major Climate Groups (49 comments)
Musk 'wants to fire as many people of color as possible:' reporter says (48 comments)
Inside the DOGE Cuts Disrupting the Veterans Agency (48 comments)
Iconic D.C. Black Lives Matter Plaza Roadwork Dismantled (43 comments)
Trump Says the US Can't Cut Military Spending Now (42 comments)
Education Department Cuts Half It's Staff (42 comments)
Dems Vow Not to Help GOP Majority Pass Their Budget (39 comments)
Tesla Pays Zero Federal Income Tax (31 comments)
Trump: Canadians to Be Fingerprinted at Borders April 2025 (27 comments)