Elon Musk says he will drop his $97.4 billion bid for OpenAI on one condition: CEO Sam Altman must ditch his plan to make it for-profit

William Falcon, CEO and Founder of Lightning AI, discusses the ongoing feud between Elon Musk and Sam Altman, and how everyday people can use AI in their lives. Facebook page Twitter feed RSS feed

In a court filing Wednesday, lawyers for Elon Musk said that he would withdraw his consortium’s eye-popping bid of $94.7 billion for Sam Altman’s OpenAI if its board of directors...

Elon Musk said he will drop his unsolicited $97.4 billion bid to take over OpenAI if the Sam Altman-led company agrees to suspend plans to restructure from nonprofit to for-profit entity, according to court records.

OpenAI on Friday rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale and that any future bid would be disingenuous. The unsolicited approach is Musk’s latest attempt to block the startup he co-founded with OpenAI CEO Sam Altman—but later left—from becoming a for-profit firm,

The two tech titans are in the meanest fight in business. The stakes couldn’t be higher.

Wednesday, lawyers for Elon Musk said that he would withdraw his consortium’s eye-popping bid of $94.7 billion for Sam Altman’s OpenAI if its board of directors would agree to

The logo of OpenAI is shown on a mobile phone in front of a computer screen displaying the photographs of Sam Altman, left, and Elon Musk, March 14, 2024. OpenAI sent a short letter to Elon Musk's lawyer on Friday,

Billionaire Elon Musk will drop his $97.4 billion bid to buy the nonprofit that controls OpenAI if the company drops its push to convert to a for-profit entity, his legal team says, as a feud between Musk and OpenAI CEO Sam Altman—who rejected Musk’s initial offer—continues to escalate.

Elon Musk’s xAI claims the newest version of its flagship “Grok” chatbot outperforms rival products offered by the likes of Sam Altman-led OpenAI and China-based DeepSeek — potentially giving the billionaire an edge in the AI arms race.

Elon Musk has reignited his feud with OpenAI CEO Sam Altman, mockingly calling him 'Scam Altman' during a Senate testimony. Musk criticized Altman for