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Elon Musk-led group proposes buying OpenAI for $97 billion. OpenAI CEO says 'no thank you'

By The Associated Press
Posted 4:51PM on Monday 10th February 2025 ( 17 hours ago )

LOS ANGELES (AP) — A group of investors led by Elon Musk says it is offering more than $97 billion to buy OpenAI, escalating a legal dispute with the artificial intelligence company that Musk helped found.

Musk and his own AI startup, xAI, and a consortium of investment firms say they want to buy the ChatGPT maker and revert it back to its original charitable mission as a nonprofit research lab, according to Musk attorney Marc Toberoff.

OpenAI CEO Sam Altman quickly rejected the deal on Musk's social platform X, saying “no thank you but we will buy twitter for $9.74 billion if you want.”

Musk bought Twitter, now called X, for $44 billion in 2022.

FILE - The OpenAI logo appears on a mobile phone in front of a computer screen with random binary data, March 9, 2023, in Boston. (AP Photo/Michael Dwyer, File)
FILE - Elon Musk arrives before the 60th Presidential Inauguration in the Rotunda of the U.S. Capitol in Washington, Monday, Jan. 20, 2025. (Kevin Lamarque/Pool Photo via AP, File)

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