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OpenAI Rejects Elon Musk's $97.4 Billion Bid to Buy Company

Elon Musk’s full offer letter to buy OpenAI reveals five key details

Musk’s consortium, which includes VCs like Joe Lonsdale’s 8VC and SpaceX investor Vy Capital, is offering exactly $97.375 billion to buy out OpenAI, and says in the letter 100% of the purchase price “would be paid in cash.”

CNN on MSN · 58m

OpenAI board rejects Elon Musk-led $97 billion purchase offer

OpenAI’s board of directors has formally rejected a $97.4 billion bid by Elon Musk and other investors to purchase the company.

The Associated Press on MSN · 2d

How Elon Musk $97.4 billion bid complicates matters for OpenAI

PARIS (AP) — OpenAI CEO Sam Altman has dismissed a $97.4 billion takeover bid led by rival Elon Musk, but the unsolicited offer could complicate Altman’s push to transform the maker of ChatGPT into a for-profit company.

AI, Sam Altman

TechCrunch on MSN · 4d

OpenAI CEO Sam Altman admits that AI’s benefits may not be widely distributed

In a new essay on his personal blog, Sam Altman admits that AI's benefits may not be widely distributed — at least not at first.

Reuters · 2d

OpenAI plans to simplify AI products in new road map for latest models, CEO Altman says

OpenAI will not release "o3" as a standalone artificial intelligence model, as the ChatGPT maker looks to simplify its products, CEO Sam Altman said on Wednesday.

decrypt · 2d

OpenAI CEO Sam Altman Shares New GPT-5 Roadmap, Promises One AI to Rule Them All

As competition heats up, Sam Altman has announced plans to merge OpenAI's scattered AI models into a single system that "just works."

OpenAI keen 'to work with China', CEO Sam Altman says, as DeepSeek rattles tech market

OpenAI is keen to collaborate with China, according to chief executive Sam Altman, in a 180-degree turn for the company ...

OpenAI CEO Sam Altman shares plans to bring o3 Deep Research agent to free and ChatGPT Plus users

If you're a free ChatGPT user, you best make sure your 2 uses per month of Deep Research are for queries you really want or need answered.

Musk will pull OpenAI bid if ChatGPT maker remains non-profit, lawyers say

A consortium led by Elon Musk will withdraw its $97.4-billion bid for OpenAI's non-profit arm if the ChatGPT maker drops ...

Axios Login on MSN6d

OpenAI CEO to issue warning to world leaders at AI Action Summit

At a global AI summit in Paris next week, OpenAI CEO Sam Altman will warn world leaders they need to widen their AI mindset ...

OpenAI Says It Will Make Its $200 Deep Research Model Available for Free

At some point in the near future, users on the free tier will gain “unlimited” access to a new model that includes o3 ...

CE-Sphere on MSN1d

What to Expect from OpenAI's Upcoming GPT-4.5 and GPT-5 Models

OpenAI CEO Sam Altman has announced plans for upcoming AI model releases, confirming that GPT-4.5 and GPT-5 are on the way. In a post on X (formerly Twitter), Altman stated that GPT-4.5 will be the ...

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