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‘We will buy Twitter for $US9.74b’: Altman counters Musk’s OpenAI bid

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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Reuters

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    Original URL: https://www.afr.com/technology/musk-led-group-bids-155b-to-control-openai-report-20250211-p5lb3p