Elon Musk's xAI has launched a $97.4 billion bid to take control of OpenAI, a company he previously sued for straying from its non-profit mission. The bid targets the non-profit entity overseeing OpenAI's for-profit operations, as Musk seeks a larger influence in the AI space. However, given OpenAI's structure and its leadership’s intent to maintain that nonprofit approach, the offer's success is debated. Meanwhile, CEO Sam Altman humorously deflected the bid, referencing Musk's earlier Twitter acquisition, amidst speculations about the future direction of both entities.
Elon Musk's xAI has made a $97.4 billion unsolicited bid for OpenAI, aiming to gain control over the non-profit structure that facilitates its for-profit endeavors.
OpenAI's transition to a non-profit structure may provide it with protections against Musk's offer, which follows his previous lawsuit against the organization.
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