Elon Musk’s group has made a $97.4 billion bid to acquire OpenAI, intensifying his feud with CEO Sam Altman. The offer, backed by xAI and investors like Palantir co-founder Joe Lonsdale, seeks to take over OpenAI’s assets and revert it to an open-source, safety-focused AI model.
Altman dismissed the bid on X, joking he’d buy X for $9.74 billion, to which Musk called him a “Swindler.” Musk, a former OpenAI co-founder, has sued the company over its restructuring, which he opposes.
OpenAI insists its transition is essential for long-term growth, aiming to complete it by 2026.