HomeAbout

TL;DR CNBC


Musk-led investor group offers $97.4 billion for OpenAI — Altman declines - TL;DR CNBC

Musk-led investor group offers $97.4 billion for OpenAI — Altman declines

Publishing timestamp: 2025-02-10 21:21:11


Summary

Elon Musk and a group of investors are offering $97.4 billion to take control of OpenAI, a nonprofit overseeing an artificial intelligence startup. Musk's attorney submitted the bid, aiming to return OpenAI to its original open-source, safety-focused mission. OpenAI CEO responded with a humorous offer to buy Twitter. Musk is in a legal battle with OpenAI and is suing them for antitrust violations. SoftBank is close to finalizing a $40 billion investment in OpenAI, and there is speculation about a potential merger between xAI and OpenAI.


Sentiment: MIXED

Tickers: 9984.T-JPORCLMSFT

Keywords: elon muskmicrosoft corptechnologybusiness newssocial mediadonald j. trumpbreaking news: politicspoliticsbusinessbreaking news: technologyoracle corp

Source: https://www.cnbc.com/2025/02/10/musk-and-investors-offering-97point4-billion-for-control-of-openai-wsj.html


Developed by Leo Phan