Elon Musk Investor Group With Ari Emanuel Offers $97B For OpenAI; CEO Sam Altman Says “No Thank You”
A consortium of investors led by Elon Musk, which includes Endeavor CEO Ari Emanuel through his personal investment fund, has offered $97.37 billion to buy the nonprofit that controls OpenAI, a surprise twist on Musk’s raging battle with OpenAI chief Sam Altman.
The consortium said it is “prepared to consider matching or exceeding higher bids.”
Marc Toberoff, an attorney representing the investors, said in a statement the unsolicited offer was sent to OpenAI’s board of directors.
“These funds will be used exclusively to further OpenAI, Inc.’s original charitable mission. “If Sam Altman and the present OpenAI, Inc. Board of Directors are intent on becoming a fully for-profit corporation, it is vital that the charity be fairly compensated for what its leadership is taking away from it: control over the most transformative technology of our time,” Toberoff said.
In a response on X this afternoon with a bit of a dig,...
The consortium said it is “prepared to consider matching or exceeding higher bids.”
Marc Toberoff, an attorney representing the investors, said in a statement the unsolicited offer was sent to OpenAI’s board of directors.
“These funds will be used exclusively to further OpenAI, Inc.’s original charitable mission. “If Sam Altman and the present OpenAI, Inc. Board of Directors are intent on becoming a fully for-profit corporation, it is vital that the charity be fairly compensated for what its leadership is taking away from it: control over the most transformative technology of our time,” Toberoff said.
In a response on X this afternoon with a bit of a dig,...
- 2/10/2025
- by Jill Goldsmith
- Deadline Film + TV
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