PYMNTS.com February 10, 2025
A group of investors led by Elon Musk reportedly submitted a bid to OpenAI’s board of directors Monday (Feb. 10) to buy the nonprofit that controls the company for $97.4 billion.
The unsolicited offer was submitted by Musk’s lawyer, Marc Toberoff, The Wall Street Journal (WSJ) reported Monday.
“It’s time for OpenAI to return to the open-source, safety-focused force for good it once was,” Musk said in a statement provided to WSJ by Toberoff, per the report. “We will make sure that happens.”
OpenAI CEO Sam Altman wrote in a Monday post on X: “no thank you but we will buy twitter for $9.74 billion if you want,” referring to the Musk-owned X by its former name and offering one-tenth...
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