Elon Musk and a group of co-investors have submitted a near-$100bn bid for the non-profit that controls OpenAI, complicating chief executive Sam Altman’s attempt to convert the start-up to a for-profit entity.
Musk submitted the bid to OpenAI’s board of directors on Monday, according to a person with direct knowledge of the matter.
Shortly after the Wall Street Journal first reported the unsolicited approach, Altman said on social media site X, “no thank you but we will buy Twitter for $9.74 billion if you want”. Musk bought Twitter in 2022 and renamed it X.
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