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.
I really wish journalists would write, for example, “they say that they want to return it to the mission” rather than “they want to”. They do this with Trump all the time. (“he believes tariffs are a powerful tool” - the fuck he does)
It’s plausible that he does believe it given how dumb he is.