Musk Says He’ll Drop $97 Billion OpenAI Bid If Company Stays Nonprofit
Billionaire Elon Musk will drop his $97.4 billion bid to buy the nonprofit that controls OpenAI if the company drops its push to convert to a for-profit entity, his legal team says, as a feud between Musk and OpenAI CEO Sam Altman—who rejected Musk’s initial offer—continues to escalate.
Sam Altman Dismisses Elon Musk’s Bid to Buy OpenAI in Letter to Staff
Sam Altman is leaving no room for doubt about his views on an Elon Musk-led bid to take control of OpenAI. In a letter to OpenAI staff Monday, the CEO put the words “bid” and “deal” in scare quotes and said the startup’s board has no interest in the offer.
Sam Altman told employees that the company hasn’t received “anything official” from Elon Musk about a possible purchase, according to CNBC.
The mild-mannered entrepreneur finds himself at the center of an Elon Musk takeover drama for the second time.
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