OpenAI acquisition

George Flores

OpenAI Acquisition: Elon Musk’s $97.4 Billion Bid

In a dramatic turn of events this week, tech mogul Elon Musk and his consortium of investors made headlines with a staggering $97.4 billion bid to acquire OpenAI.This bold proposal comes amidst a contentious legal battle, as OpenAI CEO Sam Altman firmly rejected the offer, alleging it threatens the organization's transition from nonprofit status—a move ...

George Flores

OpenAI Acquisition: Sam Altman Rejects Musk’s Offer

In a dramatic turn of events, OpenAI CEO Sam Altman has publicly dismissed an unsolicited buyout offer from Elon Musk, valued at a staggering $97.4 billion.This offer, reportedly backed by Musk’s xAI and various investors from his other ventures, has ignited a fresh wave of tension between the two tech titans. ...