After initiating legal proceedings against OpenAI, Elon Musk is now attempting to purchase it. As a founding member of OpenAI, Musk had distanced himself from the organization long ago. With ChatGPT's rise to fame, Musk is keen on reclaiming leadership of OpenAI.
According to recent reports, Elon Musk teamed up with a group of investors to propose a $97 billion offer to OpenAI CEO Sam Altman. However, Altman firmly refused to even entertain the thought of selling OpenAI.
The Wall Street Journal reports that Musk and his investment group made an official proposal to the
OpenAI
board, aiming to regain control of the company and transform it back into a non-profit.
Read More: OpenAI launches ChatGPT Gov, discover its unique features
Marc Toberoff, Musk's lawyer, commented, 'If Sam Altman and the current board insist on turning OpenAI into a for-profit entity, it is imperative to ensure appropriate compensation is given to charitable causes when relinquishing such powerful technology.'
In response, Altman posted on X, expressing his gratitude but standing firm on his decision to retain the company. Interestingly, he showed interest in acquiring Twitter for $9.74 billion. Musk had bought Twitter, now known as X, for $44 billion back in 2022.
Musk had taken OpenAI to court twice in 2024. The first lawsuit was filed in July 2024, followed by another in August, accusing the company of trying to develop AGI (Artificial General Intelligence) for profit-making purposes. This standoff has led to ongoing tensions between OpenAI CEO Sam Altman and Elon Musk.
Read More: OpenAI unveils AI agent 'Deep Research' to rival DeepSeek, learn how it operates
Recently, a dispute unfolded between them regarding President Donald Trump's Stargate project. Debated on social media, Musk questioned the funding capabilities for the Stargate project, while Altman countered by advising Musk to focus on national priorities.
