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OpenAI Questions Rationale of Elon Musk’s Bid to Control the Company

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  • Post last modified:February 16, 2025

OpenAI’s board of directors on Wednesday questioned the rationale of a $97.4 billion bid from Elon Musk and others to gain control of the high-profile artificial intelligence company. On Monday, a consortium of investors led by Mr. Musk offered to buy the assets of the nonprofit that controls the company, escalating a yearslong feud between Mr. Musk and OpenAI’s chief executive, Sam Altman. In a court filing on Wednesday, the company said Mr. Musk’s bid contradicted legal claims the billionaire made in a lawsuit he brought against OpenAI last year.

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