02/11/2025
Elon Musk and a group of investors, including Vy Capital, his AI company xAI, and Hollywood mogul Ari Emanuel, have made a $97.4 billion bid to take over OpenAI, escalating Musk’s long-running feud with CEO Sam Altman.
OpenAI, which is finalizing a $40 billion funding deal led by SoftBank that values it at $300 billion, has not officially responded. However, Altman dismissed the bid on X, joking, “No thank you but we will buy Twitter for $9.74 billion if you want.” Musk fired back, calling Altman a “swindler,” adding to the growing tensions over control of the AI giant.