AI
ET Explainer: Elon Musk-led group offers $97.4 billion to buy Open AI
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An Elon Musk-led consortium is offering approximately $97.4 billion to acquire OpenAI, escalating an ongoing legal conflict with the artificial intelligence company Musk once helped establish.
This move is part of Musk’s effort to regain control over the ChatGPT creator and steer it back to its original mission as a non-profit research lab that is focused on benefiting the public.
According to his attorney Marc Toberoff, Musk and a coalition of investment firms are determined to take over OpenAI and restore its non-profit status.
In response, OpenAI CEO…
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