Elon Musk and a group of investors have offered $97.4 billion to acquire OpenAI's nonprofit arm that controls the company, reports the Wall Street Journal. Sam Altman, chief executive and a co-founder of Open AI, and the board of directors, have rejected the bid, stating the company's governance prevents outside control. Musk argues the nonprofit should remain committed to open-source safety-focused AI, while OpenAI is moving toward a for-profit model.
"It is time for OpenAI to return to the open-source, safety-focused force for good it once was," a statement by Elon Musk published by his lawyer Marc Toberoff reads. "We will make sure that happens."
