An investment group led by Elon Musk has offered $97.4 billion to buy the nonprofit that controls OpenAI, a company Musk help found.
OpenAI was founded by Musk and entrepreneur Sam Altman as a nonprofit in 2015, but is now looking to transition to for-profit, which Musk opposes for cybersecurity reasons.
“It’s time for OpenAI to return to the open-source, safety-focused force for good it once was,” Musk said in a statement on February 10, per Reuters.
Trending: WATCH LIVE: Trump signs executive orders at the White House
Musk added, “We will make sure that happens.”
Musk sued OpenAI in February 2024 for breach of contract, breach of fiduciary duty, and unfair business practices. He complained that OpenAI had set its founding agreement “aflame.”
‘No thank you.’
The lawsuit stated that the company was founded to be a “non-profit developing [artificial general
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!