According to Afr.com, a consortium of investors led by billionaire Elon Musk is reportedly offering $US97.4 billion ($155 billion) to buy the nonprofit that controls artificial intelligence start-up OpenAI, in a move that was quickly rejected by its chief executive Sam Altman.
The offer – reported by the Wall Street Journal – intensifies a longstanding battle between OpenAI CEO Sam Altman and Musk over the future of the start-up at the heart of a boom in generative AI technology.
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Musk’s attorney, Marc Toberoff, said he submitted the bid to OpenAI’s board on Monday, according to the report.
“It’s time for OpenAI to return to the open-source, safety-focused force for good it once was,” the WSJ cited Musk as saying in a statement provided by Mr Toberoff. “We will make sure that happens.”
In response to the bid, OpenAI CEO Sam Altman took to X to reject the bid.
“No thank you but we will buy twitter for $9.74 billion if you want”, says Altman
ELon Musk, who saw the post, immediately responded and wrote, “Swindler”
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See post below;
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