Overview
- Elon Musk, leading a consortium of investors, submitted a $97.4 billion unsolicited bid to acquire OpenAI's nonprofit arm.
- OpenAI CEO Sam Altman swiftly rejected the offer, stating that the company is not for sale and mocking Musk's previous acquisition of Twitter.
- Musk's bid aims to return OpenAI to its original nonprofit structure, which he claims has been abandoned in favor of for-profit ambitions.
- The offer follows Musk's ongoing feud with Altman, including lawsuits and accusations of OpenAI straying from its founding principles.
- Analysts and stakeholders question Musk's ability to fund the acquisition and whether his focus on OpenAI is a distraction from his other ventures, including Tesla and SpaceX.