Musk’s 10 Billion Dollar OpenAI Offer: Former partners Elon Musk and Sam Altman are standing facing each other. A war has started on social media between American billionaire Elon Musk and OpenAI CEO Sam Altman. Both have offered to buy each other’s companies.
First Musk said that he is ready to buy OpenAI. In response, Altman rejected this offer and offered to buy Twitter (now X). Let us know what this whole matter is. Tesla owner Elon Musk has offered to buy artificial intelligence company OpenAI for $9.74 billion (about Rs 84 thousand 600 crore). Musk’s AI company xAI as well as investors like Valor Equity Partners and Baron Capital have made this offer.
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CEO Sam Altman Musk’s 10 Billion Dollar OpenAI Offer
Rejecting Musk’s offer, OpenAI CEO Sam Altman said in X post – No thank you, if you (Musk) want, we will buy Twitter (now In response, Musk called Altman “Scam Altman”. According to The Wall Street Journal, this offer was given to the board of OpenAI on Monday through Musk’s lawyer Mark Toberoff.
On this, Musk said – The time has come for OpenAI to return to the open-source, safety-focused force. We will make sure that happens. Through this acquisition, Musk wants to make OpenAI a non-profit research lab again.
Musk’s 10 Billion Dollar OpenAI Offer: Altman Started OpenAI with Elon Musk
- In 2015, Elon Musk and Sam Altman along with 9 others founded OpenAI, but Musk separated from it in 2018. In 2023, Musk launched OpenAI’s competitor AI startup xAI.
- In 2024, Musk sued OpenAI and some executives, accusing them of breach of contract. Said- OpenAI has abandoned its non-profit principles and is now working like a commercial venture.
- OpenAI now works on a ‘capped profit’ model, in which investors can earn only limited profits. Musk says- AI should be beneficial for humanity and its safety should be ensured.
Musk’s 10 Billion Dollar OpenAI Offer: OpenAI Created ChatGPT.
OpenAI unveiled ChatGPT to the world in November 2022. This AI tool has gained popularity rapidly. From composing music and poetry to writing essays, ChatGPT can do a lot of things. This is a conversational AI. An artificial intelligence that answers you like a human.
A group of investors led by Elon Musk has offered to buy the nonprofit that controls OpenAI for $97.4 billion. In response, OpenAI CEO Sam Altman posted on Musk’s X social-media platform: “No thank you but we will buy twitter for $9.74 billion if you want" https://t.co/Sg9j9OgfJm pic.twitter.com/7zcLKpDyd0
— Bloomberg TV (@BloombergTV) February 11, 2025
Musk Bought Twitter for $44 Billion
Elon Musk purchased the microblogging platform Twitter (now X) on October 27, 2022. This deal was done for 44 billion dollars. As of today, this amount is more than Rs 3.6 lakh crore. Since then, many major changes have been made to the platform. Musk wants to make X an ‘everything app’.
After purchasing Twitter on October 27, 2022, Musk first fired four top officials of the company. These included CEO Parag Aggarwal, Finance Chief Ned Segal, Legal Executive Vijaya Gadde, and Sean Edgett. When Musk took command of X, there were about 7500 employees, but now only about 2500 are left.
Jay Chavda He is the Founder and Writer of businesspulsecare.com. He is an I.T Engineer, Freelancer, Businessman. He posts Business, Stock/Share Market, Finance Related News and updates on the website. 🔗