Summary
Elon Musk and a group of investors have offered $97.4 billion to buy OpenAI, challenging CEO Sam Altman and the company’s shift toward a for-profit model.
The bid, backed by Musk’s xAI and other investors, claims to return OpenAI to its original open-source mission. Altman rejected the offer on X, joking that OpenAI would buy Twitter for $9.74 billion.
Musk, who bought Twitter in 2022 for $44 billion and renamed it X, replied, “Swindler.”
OpenAI argues restructuring is necessary for growth, targeting completion by 2026.
Let’s be real, they never had an open source mission to begin with, they just wanted to market themselves as the good guy while they slurp up market share. Basically like google with “don’t be evil”.
But yeah, the Muskrat certainly doesn’t have any good intentions either.
There’s two halves of the company which are currently buying for control with one another