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Musk's $97.4B Bid for OpenAI

Writer's picture: Sarah RuivivarSarah Ruivivar

Elon Musk is making waves again! This time, he's leading a $97.4 billion bid to buy OpenAI, the AI powerhouse he co-founded back in 2015. The news, confirmed by Musk's lawyer, Marc Toberoff, has everyone buzzing, especially since it’s the latest move in Musk's ongoing rivalry with OpenAI's Sam Altman.


Musk's grand plan? To steer OpenAI back to its original open-source, safety-first mission. "It’s time for OpenAI to return to the open-source, safety-focused force for good it once was," Musk declared. His own AI venture, xAI, is part of the bid, sparking chatter about a potential merger if the acquisition goes through.


In a cheeky twist, Altman responded with a playful jab, offering to buy Twitter for $9.74 billion—pocket change compared to Musk's $44 billion Twitter acquisition in 2022. Oh, the AI drama!


 

Want to hear more? Join Mal on the Property AI Report Podcast each week!

Access from your preferred podcast provider by clicking here

 

Musk is championing xAI's Grok model, highlighting its open-source nature and respect for content creators. He’s determined to make OpenAI a beacon of transparency and safety once more. Meanwhile, the tech world watches with bated breath, waiting to see if this bold bid will reshape the AI landscape.


So, whether you're sipping tea in your office or strategising your next big property deal, keep an eye on this unfolding saga. It’s a thrilling reminder of how dynamic and unpredictable the tech world can be. Who knows what tomorrow will bring? Stay tuned!



 

Want to hear more? Join Mal on the Property AI Report Podcast each week!

Access from your preferred podcast provider by clicking here

 


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