Technology NewsTechnology NewsTechnology News
  • Computing
  • AI
  • Robotics
  • Cybersecurity
  • Electric Vehicle
  • Wearables
  • Gaming
  • Space
Reading: Elon Musk Bids $97 Billion for OpenAI’s Nonprofit Division
Share
Font ResizerAa
Technology NewsTechnology News
Font ResizerAa
Search
  • Computing
  • AI
  • Robotics
  • Cybersecurity
  • Electric Vehicle
  • Wearables
  • Gaming
  • Space
Follow US
  • Cookie Policy (EU)
  • Contact
  • About
© 2025 NEWSLINKER - Powered by LK SOFTWARE
AITechnology

Elon Musk Bids $97 Billion for OpenAI’s Nonprofit Division

Highlights

  • Elon Musk offers $97.4B to acquire OpenAI's nonprofit arm.

  • OpenAI rejects the bid, emphasizing commitment to its mission.

  • The dispute could significantly impact the future of AI development.

Samantha Reed
Last updated: 13 February, 2025 - 10:59 pm 10:59 pm
Samantha Reed 3 months ago
Share
SHARE

Elon Musk has launched a substantial $97.4 billion proposal to acquire the nonprofit sector of OpenAI, reigniting tensions with Sam Altman, the company’s CEO. This strategic move may hinder OpenAI’s objectives to transition into a fully for-profit enterprise, highlighting the ongoing conflict between the two influential figures in the tech industry. Musk’s initiative underscores his enduring interest in shaping the future of artificial intelligence.

Contents
What Motivates Musk’s Acquisition Bid?How Does OpenAI Respond to the Offer?What Could This Mean for the AI Industry?

Previous developments showed Musk distancing himself from OpenAI after co-founding it in 2015 and later establishing his own AI venture, xAI. His current offer marks a significant attempt to regain control and influence over OpenAI’s direction, contrasting with his earlier departure and competitive endeavors. This renewed effort suggests a persistent divergence in vision between Musk and OpenAI’s leadership.

What Motivates Musk’s Acquisition Bid?

Musk’s proposal appears aimed at steering OpenAI back to its foundational goals of open-source development and safety-focused initiatives. According to Musk, “It’s time for OpenAI to return to the open-source, safety-focused force for good it once was.” This statement reflects his desire to align OpenAI’s operations with his original vision, potentially reversing the company’s shift towards profitability.

How Does OpenAI Respond to the Offer?

OpenAI has firmly rejected Musk’s takeover attempt, with CEO Sam Altman dismissing the bid and criticizing Musk’s past business decisions. Altman responded on social media, stating, “No thank you but we will buy Twitter for $9.74 billion if you want,” indirectly referencing Musk’s acquisition of Twitter. Additionally, Altman remarked, “No matter what, the nonprofit will continue to be extremely important,” emphasizing OpenAI’s commitment to its mission despite the rejection.

What Could This Mean for the AI Industry?

The clash between Musk and OpenAI could have significant implications for the broader artificial intelligence sector. If Musk succeeds in acquiring OpenAI’s nonprofit arm, it may alter the competitive landscape and influence the direction of AI research and development. OpenAI’s planned transition to a for-profit model could also be affected, potentially impacting collaboration and innovation within the industry.

This unfolding situation highlights the complex dynamics between major players in the AI field, where differing visions and strategies can lead to high-stakes conflicts. The outcome of Musk’s bid may set a precedent for future interactions between tech moguls and AI organizations, shaping the priorities and ethical considerations of AI advancement.

Ultimately, stakeholders in the AI community will be watching closely to see how this dispute resolves, as it could determine the future alignment of resources and goals within one of the world’s leading artificial intelligence entities.

Developments surrounding Musk and OpenAI reflect a critical junction in AI governance and business models. The resolution of this bid may offer valuable insights into balancing profit motives with the ethical imperatives of AI research. Ensuring that AI benefits humanity remains a central concern, regardless of the ownership and structural changes within leading organizations.

You can follow us on Youtube, Telegram, Facebook, Linkedin, Twitter ( X ), Mastodon and Bluesky

You Might Also Like

Trump Alters AI Chip Export Strategy, Reversing Biden Controls

CrowdStrike Faces Workforce Reduction Amid Financial Shifts

ServiceNow Launches AI Platform to Streamline Business Operations

Uber Navigates Tariffs While Preparing for Growth

WhatsApp Wins $168M Spyware Victory Against NSO Group

Share This Article
Facebook Twitter Copy Link Print
Samantha Reed
By Samantha Reed
Samantha Reed is a 40-year-old, New York-based technology and popular science editor with a degree in journalism. After beginning her career at various media outlets, her passion and area of expertise led her to a significant position at Newslinker. Specializing in tracking the latest developments in the world of technology and science, Samantha excels at presenting complex subjects in a clear and understandable manner to her readers. Through her work at Newslinker, she enlightens a knowledge-thirsty audience, highlighting the role of technology and science in our lives.
Previous Article Topcon and Bonsai Robotics Collaborate on Farm Automation
Next Article Hazelight’s Fares Stands Firm Against Live Service Games

Stay Connected

6.2kLike
8kFollow
2.3kSubscribe
1.7kFollow

Latest News

Standard Bots Unveils Robot Arm and Expands U.S. Facility
Robotics
Samsung Offers Discounts on the Galaxy Watch Ultra Purchase
Wearables
Beat Wordle with Smart Strategies and Daily Hints
Gaming
ABB Advances AMR Technology with vSLAM for Enhanced Operations
Robotics
SonicWall Customers Face Spike in Device Vulnerabilities
Cybersecurity
NEWSLINKER – your premier source for the latest updates in ai, robotics, electric vehicle, gaming, and technology. We are dedicated to bringing you the most accurate, timely, and engaging content from across these dynamic industries. Join us on our journey of discovery and stay informed in this ever-evolving digital age.

ARTIFICAL INTELLIGENCE

  • Can Artificial Intelligence Achieve Consciousness?
  • What is Artificial Intelligence (AI)?
  • How does Artificial Intelligence Work?
  • Will AI Take Over the World?
  • What Is OpenAI?
  • What is Artifical General Intelligence?

ELECTRIC VEHICLE

  • What is Electric Vehicle in Simple Words?
  • How do Electric Cars Work?
  • What is the Advantage and Disadvantage of Electric Cars?
  • Is Electric Car the Future?

RESEARCH

  • Robotics Market Research & Report
  • Everything you need to know about IoT
  • What Is Wearable Technology?
  • What is FANUC Robotics?
  • What is Anthropic AI?
Technology NewsTechnology News
Follow US
About Us   -  Cookie Policy   -   Contact

© 2025 NEWSLINKER. Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Register Lost your password?