Elon Musk's Bold Move: A $97.4 Billion Stand for OpenAI's Mission

Elon Musk has offered $97.4 billion to OpenAI's non-profit arm, conditional on it not becoming a for-profit entity. He is prepared to withdraw the bid if OpenAI remains committed to its charitable mission. OpenAI CEO Sam Altman and Musk have not commented on the matter.

Elon Musk, CEO of Tesla, has put forward a staggering $97.4 billion offer for OpenAI's non-profit division, contingent upon its continued dedication to charitable objectives. According to a recent court filing on Wednesday, Musk is prepared to retract his offer if OpenAI shifts to a for-profit model.

The filing states that Musk's bid aims to ensure the continuation of OpenAI's mission. If the board commits to retracting plans to sell its assets and end the conversion to a for-profit entity, Musk will pull back his bid, guaranteeing compensation for the charity equivalent to a fair market sale of its assets.

However, OpenAI's CEO, Sam Altman, announced on Tuesday that the non-profit controlling OpenAI is not up for sale. This announcement comes amid Musk's ongoing lawsuit against Altman and others, asking a U.S. judge to prevent OpenAI's transition to a for-profit organization.