Elon Musk and a group of investors have submitted a $97.4 billion bid to acquire OpenAI, the company behind ChatGPT. The offer was presented to OpenAI’s board on Monday, according to the Wall Street Journal.
An investor group led by Elon Musk has offered $97.4 billion to acquire OpenAI, with Musk’s attorney Marc Toberoff submitting the bid on his behalf.
Musk, who co-founded OpenAI in 2015, left in 2018 after failing to gain control of the company. Since then, he has been a vocal critic of OpenAI’s shift from a nonprofit to a for-profit structure, arguing that the company abandoned its original mission of open-source AI development.
Under CEO Sam Altman, OpenAI has grown into a $100 billion company, backed by major investors like Microsoft and venture capital firms. Musk has previously sued OpenAI, accusing it of prioritizing profits over safety, though OpenAI countered with evidence suggesting Musk had once supported the need for large-scale funding.
In a statement provided by his attorney, Musk said the acquisition would ensure OpenAI returns to being a “safety-focused force for good.”
OpenAI has not formally responded to the offer, and Reuters reports that the company declined to comment on the bid.
OpenAI has requested the US government to permit AI companies to train models using copyrighted material, aiming to maintain America's lead in artificial intelligence development.
OpenAI on Tuesday introduced a suite of new developer tools designed to streamline the creation of advanced AI agents, signaling a strategic move amid intensifying competition from Chinese AI startups.
Microsoft is working on a new generation of in-house artificial intelligence reasoning models designed to rival those from OpenAI, according to a report by The Information.
OpenAI is reportedly gearing up to launch a suite of specialized AI “agent” products that could cost users as much as $20,000 per month, according to The Information.
Bosnia and Herzegovina’s Serb entity, Republika Srpska (RS), adopted a new draft constitution, along with a law on protecting the constitutional order. The legislation expands RS's decision-making powers, challenging the authority of the country’s central government.
Cuba’s power grid has collapsed, causing a nationwide blackout and internet disruptions.
Mark Carney is Canada’s new prime minister, taking office amid a trade war with U.S. President Donald Trump.
A blast at a mosque in northwestern Pakistan injured four people, including two children and a local Islamist party leader, as authorities investigate the attack.
Italy’s Tuscany and Emilia-Romagna regions are grappling with severe flooding and landslides, prompting a red weather alert as heavy rains inundate streets and homes.
XPeng Motors plans to mass-produce flying cars by 2026, becoming the first company globally to do so. CEO He Xiaopeng also highlighted advancements in autonomous driving and humanoid robotics as part of the company’s future tech initiatives.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
In Tuesday’s closely watched parliamentary election, Greenland’s pro-business opposition Demokraatit party took a commanding lead after over 90% of the ballots were counted.
BioNTech forecasts a revenue decline for 2025, expecting between 1.7 billion and 2.2 billion euros, down from 2.75 billion euros last year. This drop is due to Pfizer write-downs and stable vaccination rates. BioNTech also plans significant job cuts and new hires.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
BMW expects a €1 billion loss for 2025 due to the US-EU tariff dispute, including a 25% duty on certain vehicles and tariffs on its China-made electric cars. The company hopes not all tariffs will remain for the full year.
Uzbekistan has signed an agreement with French and Japanese companies to initiate uranium production in the Navoi region by the end of 2025.
The United States imposed sanctions on Thursday on Iran's Oil Minister Mohsen Paknejad and some Hong Kong-flagged vessels that are part of a shadow fleet that helps disguise Iranian oil shipments, the Treasury Department said.
Türkiye’s state-owned Turkish Petroleum Corporation signed a joint venture agreement with U.S. oil giants Continental Resources and TransAtlantic Petroleum, Turkish Energy Minister Alparslan Bayraktar announced.
The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday, lowering it to 2.75%, as concerns mount over inflationary pressures and weaker economic growth driven by renewed trade uncertainties and tariff threats.
Bosnia and Herzegovina’s Serb entity, Republika Srpska (RS), adopted a new draft constitution, along with a law on protecting the constitutional order. The legislation expands RS's decision-making powers, challenging the authority of the country’s central government.
Cuba’s power grid has collapsed, causing a nationwide blackout and internet disruptions.
Mark Carney is Canada’s new prime minister, taking office amid a trade war with U.S. President Donald Trump.
A blast at a mosque in northwestern Pakistan injured four people, including two children and a local Islamist party leader, as authorities investigate the attack.
Italy’s Tuscany and Emilia-Romagna regions are grappling with severe flooding and landslides, prompting a red weather alert as heavy rains inundate streets and homes.
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