Musk Heads $97 Billion Bid for Regaining Control of OpenAI Amid Nonprofit Dispute

Elon Musk and investors made a $97.4 billion offer yesterday to acquire OpenAI in an effort to reaffirm its nonprofit mission. OpenAI CEO Sam Altman promptly turned down the bid, heightening tensions among the co-founders. This takeover bid holds significance as it could redefine AI industry leadership and determine OpenAI's course as it navigates a shift from nonprofit to for-profit status amid legal disputes and a valuation of $157 billion from last October.