2 Aug 2025, Sat

Elon Musk attempts to acquire the owner of ChatGPT but receives a rejection.

Elon Musk’s group proposed $97.4 billion to buy the non-profit group overseeing OpenAI, including ChatGPT, but their offer was declined. This move reflects a billionaire’s effort to stop the AI startup from becoming a money-making enterprise, potentially affecting xAI, established by Musk in 2023.

Elon Musk is interested in purchasing OpenAI.

Elon Musk’s consortium, which is headed by him, consists of his AI startup xAI, along with other companies like Baron Capital Group and Emanuel Capital.

Sam Altman, CEO of OpenAI, stated that his company is not available for purchase but is willing to acquire Twitter for $9.74 billion.

Musk co-founded OpenAI with Altman in 2015 but left before the company became successful. He then started his own rival AI startup in 2023.

Offer will likely raise tensions.

The proposal is expected to escalate disagreements regarding the future of ChatGPT. Musk filed a lawsuit against Altman and other leaders in August 2024, alleging that they breached contractual terms by prioritizing profits over the public good in their AI development efforts. In November, he sought a court order to stop OpenAI from transitioning to a for-profit entity.

The billionaire says that the founders initially asked him to finance a non-profit organization dedicated to advancing AI for the betterment of humanity, but now their focus has shifted to making profits.

OpenAI is currently in the process of shifting from a non-profit organization to a for-profit one in order to secure adequate funding for the improvement of AI models.

The startup’s worth reached $157 billion during its latest funding round, reaffirming its position as one of the world’s most valuable private firms.

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