Elon Musk-led group makes $97.4bn bid for OpenAI

A consortium led by Elon Musk said it has offered $97.4bn to buy the nonprofit that controls OpenAI, months after the billionaire sued the artificial intelligence startup to block it from transitioning to a for-profit firm.

Musk’s bid, revealed on Monday, could ratchet up longstanding tensions with OpenAI CEO Sam Altman over the future of the startup at the heart of a boom in generative AI technology.

Altman promptly posted on X: “No thank you but we will buy twitter for $9.74 billion if you want.”

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