Elon Musk’s Group Offers $97.4 Billion for OpenAI

The richest man in the world, Elon Musk, who is backed by a group of investors, just made a $97.4 billion bid to buy OpenAI. His move shows the ongoing power struggle to be a major player in the AI world.

Shockingly but a bit expected, OpenAI CEO Sam Altman’s declined Elon Musk offer making a funny response by requesting to buy Twitter for $9.74 billion. He said in a tweet: “no thank you but we will buy X (formerly Twitter) for $9.74 billion if you want.”

Musk’s bid is backed by big investment firms and is part of his effort to take OpenAI back to its original mission as a nonprofit research lab. He has been complaining that OpenAI has strayed from its founding principles, emphasizing open source and safety in AI research.

Musk and Altman haven’t gotten along since Musk left OpenAI’s board in 2018. After he left, Musk sued OpenAI alleging that it was shifting to a for-profit model which was not in line with its original nonprofit mission. A federal judge is currently considering Musk’s request to stop OpenAI from becoming a for-profit entity with a trial looming.

Altman’s quick rejection of Musk’s offer and his joke about buying Twitter show the ongoing tension and differing visions for OpenAI’s future. As the lawsuit plays out, the tech world is watching closely as this could have big implications for the future of AI.

Check out the post below:

JUST IN: OpenAI CEO Sam Altman responds to Elon Musk's nonprofit buyout offer: "no thank you but we will buy twitter for $9.74 billion if you want." pic.twitter.com/3rpTQuq0I8

— Watcher.Guru (@WatcherGuru) February 10, 2025