{"id":236077,"date":"2025-02-10T23:26:20","date_gmt":"2025-02-10T23:26:20","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/02\/10\/elon-musk-launches-97bn-bid-to-buy-chatgpt-maker-openai\/"},"modified":"2025-02-10T23:26:20","modified_gmt":"2025-02-10T23:26:20","slug":"elon-musk-launches-97bn-bid-to-buy-chatgpt-maker-openai","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/02\/10\/elon-musk-launches-97bn-bid-to-buy-chatgpt-maker-openai\/","title":{"rendered":"Elon Musk launches $97bn bid to buy ChatGPT-maker OpenAI"},"content":{"rendered":"
\"Elon<\/div>


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A group led by Elon Musk has made a $97.4bn (\u00a378.7bn) bid to buy OpenAI just months after the X owner sued the artificial intelligence start-up.<\/p>\n

Mr Musk<\/a><\/strong> co-founded OpenAI<\/a><\/strong> with its current chief executive Sam Altman<\/a><\/strong> in 2015, but left before the company took off after it released ChatGPT in late 2022.<\/p>\n

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.<\/p>\n

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.<\/p>\n

“We will make sure that happens.”<\/p>\n

The offer is being backed by Mr Musk’s rival artificial intelligence company xAI, which could merge with OpenAI following a deal, according to the Wall Street Journal, which first reported the bid.<\/p>\n

OpenAI was valued at $157bn (\u00a3127bn) in its latest funding round in October last year. A deal of this size would require the investing group to raise enormous funds.<\/p>\n

Mr Musk’s offer appears to have escalated longstanding tensions with his former colleague Mr Altman, who posted on X: “no thank you but we will buy twitter for $9.74 billion if you want.”<\/p>\n

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\n Under Sam Altman’s leadership, OpenAI is pivoting to a for-profit model. Pic: AP
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Read more from Sky News:
Fears over Gaza truce as Hamas delays next hostage release<\/a>
US president to impose steel tariffs<\/a><\/strong><\/p>\n

Mr Musk bought Twitter<\/a><\/strong>, now called X, for $44bn (\u00a338bn) in 2022.<\/p>\n

The pair publicly fell out when Mr Musk resigned from the OpenAI board in 2018.<\/p>\n

They are already embroiled in a lawsuit as Mr Musk sued both OpenAI and Mr Altman<\/a><\/strong> last year, accusing them of breaching a contract by pivoting towards profit, arguing OpenAI was going back on its pledge to develop AI carefully and make it freely available.<\/p>\n

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Mr Musk and OpenAI lawyers faced off in a California federal court last week as a judge weighed up whether to back the X owner’s request for a court order that would block the company from becoming a for-profit entity.<\/p>\n

US district judge Yvonne Gonzalez Rogers has not yet ruled on the request but said she would not stop the case from moving to a jury trial.<\/p>\n<\/p><\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A group led by Elon Musk has made a $97.4bn (\u00a378.7bn) bid to buy OpenAI just months after the X owner sued the artificial intelligence start-up. 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 […]<\/p>\n","protected":false},"author":2,"featured_media":236078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/e3.365dm.com\/25\/02\/768x432\/skynews-altman-openai_6825170.jpg?20250210224002","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[184217,8192,4222,184218,2534,4656,6039,1101],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/236077"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=236077"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/236077\/revisions"}],"predecessor-version":[{"id":236079,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/236077\/revisions\/236079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/236078"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=236077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=236077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=236077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}