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Elon Musk-led team submits $97.4B bid for OpenAI
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,
The Musk-led team is positioning the move as a bid to retain the organization’s initial open source focus. “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.
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