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
January 9, 2026 - 07:06
Duke University Introduces New Minor in Technology PolicyDuke University has officially approved a new minor in Technology Policy, designed to provide undergraduates with a structured opportunity to explore the critical interplay between technology,...
January 8, 2026 - 20:47
Micron Technology Kicks Off 2026 with Promising Growth PotentialMicron Technology, a leader in memory and storage solutions, is poised for significant growth as 2026 unfolds. Analysts predict that the company`s growth rate will gain momentum throughout the year...
January 8, 2026 - 17:30
John Ternus: A Potential Successor to Tim Cook at AppleJohn Ternus, an influential figure within Apple, has emerged as a potential candidate to succeed Tim Cook as the company`s chief executive officer. Known for his low-profile yet impactful...
January 8, 2026 - 05:59
Drone Technology Aids in Rescue of Dog Lost Along New Jersey TurnpikeA remarkable rescue operation unfolded when a dog, having escaped from a rest stop on the New Jersey Turnpike, ventured approximately 25 miles before being located. The canine, who had gone missing...