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Elon Musk Investor Group With Ari Emanuel Offers $97B For OpenAI; CEO Sam Altman Says “No Thank You”
A consortium of investors led by Elon Musk, that includes Endeavor CEO Ari Emanuel through his personal investment fund, has offered $97.4 billion to buy the nonprofit that controls OpenAI.
The Wall Street Journal, which first reported the news, said that Musk’s attorney, Marc Toberoff, submitted the unsolicited bid to OpenAI’s board of directors today. “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 the WSJ by Toberoff. He has sued Altman, who created a for-profit subsidiary to raise cash (Microsoft invested) and is planning to spin out the nonprofit, for not staying true to its charitable roots.
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