Elon Musk has reportedly offered $97.4 billion to acquire the nonprofit entity overseeing OpenAI, according to The Wall Street Journal. If successful, the move could upend the AI industry, reshaping the trajectory of one of the most influential AI organizations.
Musk’s offer may be more of a provocation than a serious bid, given his ongoing legal battle with OpenAI. He has accused the company of abandoning its original mission and shifting toward a for-profit model. It also remains unclear how he could acquire a nonprofit, as such organizations lack traditional shareholders.
WSJ reports that Musk’s proposal is backed by his AI venture, xAI, along with longtime investors in his other companies. OpenAI has yet to comment, and Musk’s attorney did not immediately respond to inquiries. Musk confirmed the offer in a statement to the Journal.
