2025-02-11
The Morning After: Musk wants to buy OpenAI. It doesn’t want to be bought.
Elon Musk has launched a $97.4 billion bid for AI darling OpenAI. The Wall Street Journal reported that a group of investors led by Musk’s xAI submitted an unsolicited offer to the company’s board of directors on Monday. It’s a bid for the non-profit that controls OpenAI’s for-profit arm.
OpenAI is not a traditional company, and the non-profit structure Sam Altman and others at the company want it to get away from may, in fact, protect it from Musk’s offer.
There’s further drama around all this: Musk had sued OpenAI and Sam Altman for allegedly ditching its non-profit mission Discover Copy
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