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PC Gamer
PC Gamer
Jess Kinghorn

A 'Musk-led consortium' of investors say they'll withdraw $97.4 billion bid to buy OpenAI—but only if it stays non-profit

OpenAI Elon Musk Sam Altman ChatGPT X
OpenAI logo displayed on a phone screen and ChatGPT website displayed on a laptop screen are seen in this illustration photo taken in Krakow, Poland on December 5, 2022. .

Earlier this week, Elon Musk alongside a group of investors put in an unsolicited bid to purchase the non-profit portion of OpenAI, OpenAI Inc. Now, according to court documents filed on Wednesday, this "Musk-led consortium" says they will withdraw the eye-watering $97.4 billion offer, but only if OpenAI's board decides against turning this venture into a for-profit organisation (Via TechCrunch).

This latest court filing describes the bid for OpenAI's governing non-profit publicised on Monday as "serious." This, despite Musk allegedly telling staff at X over email, "Our user growth is stagnant, revenue is unimpressive, and we’re barely breaking even."

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