Elon Musk’s $97.4 billion offer to OpenAI

An article in Forbes looks at Elon Musk’s offer to buy OpenAI for $97.4 billion, and Sam Altman’s rejection of the offer. The article emphasizes Musk’s opposition to OpenAI’s plans to convert it from a nonprofit to a for-profit company. Musk’s lawyer states that if OpenAI were to become a for-profit organization, the organization would need to be fairly compensated for the technology it would lose control of. Altman responds to Musk’s offer with a sarcastic response to X. The article also touches on the long-standing rivalry between Musk and Altman, which has been exacerbated by Musk’s xAI company competing with OpenAI in the AI space. The article also states that Musk believes OpenAI should remain open source and focused on security, which is its founding purpose.