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Elon Musk-led group makes $97.4 billion bid for control of OpenAI
short by Anmol Sharma / on Tuesday, 11 February, 2025
A consortium of investors led by billionaire Elon Musk is offering $97.4 billion to buy the nonprofit that controls OpenAI. It is an attempt by Musk to block OpenAI from transitioning to a for-profit firm. The consortium led by Musk includes his AI startup xAI, Baron Capital Group, Emanuel Capital and others.
read more at Reuters