Elon Musk Heads Unsolicited Offer to Acquire OpenAI for $97.4 Billion
February 11, 2025 - 01:55
In a surprising development, billionaire entrepreneur Elon Musk is spearheading a coalition of investors in an unsolicited bid to acquire OpenAI for a staggering $97.4 billion. This unexpected move adds a layer of complexity to OpenAI's ongoing efforts to transition from its current nonprofit status to a more commercially viable model.
Musk, who has been a vocal advocate for the responsible development of artificial intelligence, aims to steer OpenAI towards a direction that aligns with his vision for the future of technology. The proposed acquisition raises questions about the implications for OpenAI's mission and its commitment to ensuring that AI benefits all of humanity.
As discussions unfold, the response from OpenAI’s leadership will be critical in determining the future trajectory of the organization. Stakeholders are keenly observing how this bid will influence the landscape of artificial intelligence development and innovation.
MORE NEWS
February 27, 2026 - 01:15
US military would only use Anthropic's AI technology in legal ways, Pentagon saysThe Pentagon has publicly affirmed its commitment to deploying advanced artificial intelligence strictly within legal boundaries. This statement comes as the U.S. military explores potential...
February 26, 2026 - 02:31
Minnesota's Pavek museum houses century old technology, that can still be usedNestled in St. Louis Park, Minnesota, the Pavek Museum of Broadcasting stands as a living archive, defying the rapid obsolescence of modern electronics. Its collection is not merely for display; a...
February 25, 2026 - 18:43
Strategy before technologyArtificial intelligence is rapidly becoming a ubiquitous presence across university campuses, embedded within classrooms, student advising systems, and the daily academic routines of learners....
February 25, 2026 - 07:27
ASX Midday Sector Update: Information Technology Stocks Jump, Utilities StruggleShares of firms in the information technology sector jumped 6% at midday Wednesday, leading the market`s advance. The standout performer was logistics software giant WiseTech Global, whose strong...