Elon Musk is leading a group of investors who have made a bid to purchase OpenAI, the parent company behind ChatGPT, for $97.4 billion.
This move could significantly impact the future of artificial intelligence.
Musk has had a long-standing disagreement with OpenAI CEO Sam Altman, accusing him and the company of misrepresenting OpenAI as a non-profit organisation while secretly pursuing profit with its AI technologies.
Musk argues that this goes against the original vision of the company, which was founded as a non-profit to focus on AI development for the benefit of humanity.
OpenAI operates as a non-profit but controls a for-profit company, OpenAI LP, which has grown rapidly in value, largely due to Altman’s leadership.
Musk’s proposed investment could give him majority control of the company, competing with his own AI venture, X.AI.
In response to Musk’s offer, Altman dismissed the idea, jokingly suggesting they might instead buy Twitter for $9.74 billion.
Musk, who co-founded OpenAI in 2015, left the company in 2018 after a disagreement about its shift toward for-profit activities.
This latest offer follows a series of legal battles and internal struggles at OpenAI, as Musk accuses the company of moving too quickly in developing powerful AI technology without fully considering safety concerns.
