Saturday, March 22, 2025

A group led by Elon Musk has made a $97.4bn (£78.7bn) bid to buy OpenAI just months after the X owner sued the artificial intelligence start-up.

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Elon Musk co-founded the ChatGPT maker with Sam Altman in 2015 – but relations between the pair have soured and they are already locked in a legal battle over OpenAI

Mr Musk co-founded OpenAI with its current chief executive Sam Altman in 2015, but left before the company took off after it released ChatGPT in late 2022.

Initially launched as a non-profit, OpenAI is currently transitioning to a for-profit model – which it says it needs to do so it can afford to develop the best AI models.

Mr Musk disagrees with the move and said in a press release about the bid: “It’s time for OpenAI to return to the open-source, safety-focused force for good it once was.

OpenAI, the maker of ChatGPT.

The billionaire’s attorney, Marc Toberoff, confirmed he submitted the bid for “all assets” of the tech company to its board on Monday.

The offer is the latest twist in a longstanding battle between Musk, the world’s richest man and right hand to US President Donald Trump, and Open AI chief executive Sam Altman over the future of the start-up at the centre of the AI boom


In response to the bid, Altman posted on Musk’s social media platform X: “no thank you but we will buy twitter for $9.74 billion if you want

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