A group led by Elon Musk has moved to reclaim OpenAI, with his attorney Marc Toberoff confirming on Monday that a bid has been submitted to the company’s board of directors.
The offer, which was unsolicited, could interfere with CEO Sam Altman’s current plans to transition OpenAI into a for-profit company. Altman has been working on securing a massive $500 billion investment for AI infrastructure through a joint venture known as “Stargate,” according to The Wall Street Journal.
Musk, who co-founded OpenAI in 2015 before leaving in 2019, framed the bid as an attempt to return the company to its original vision.
Through his attorney, he stated that OpenAI must return to being an open-source, safety-driven organization. He emphasized that his goal is to ensure the company remains a force for good in the AI industry.
The situation is developing. Refresh for updates.