In addition to Musk, the offer has backing from venture capitalists, including Hollywood media mogul Ari Emanuel and Palantir co-founder Joe Lonsdale, so he isn’t going it alone. Still, it would be a major move for Musk, who has publicly beefed with OpenAI and worked to develop his own alternative in X’s Grok.
In other words, if the purchase were to go through, OpenAI’s partners would now suddenly have some quite unexpected new faces to contend with.
The offer comes amidst OpenAI CEO Sam Altman’s attempt to restructure the nonprofit into a for-profit company as well as an effort to raise $40 billion in funding, which would place the value of the startup at over $340 billion. Altman has already posted a curt message on X declining Musk’s offer, and joking back that OpenAI would be willing to buy the former Twitter for $9.74 billion.
This Tweet is currently unavailable. It might be loading or has been removed.For what it’s worth, this isn’t Musk’s first time wrangling with OpenAI. The billionaire actually co-founded the nonprofit arm of OpenAI alongside Altman in 2015 before departing in 2019. OpenAI later wrote that Musk said the group’s “probability of success was 0.”
Now, it appears his attitude has changed. In a statement his lawyer provided to The Wall Street Journal, Musk said “It’s time for OpenAI to return to the open-source, safety-focused force for good it once was.”
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