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97 The Strategy Behind Musk’s $97 Billion Bid for OpenAI

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Stephanie Palazzolo @ The Information 1 place · today 10:00 EDT

You've got to hand it to Elon Musk: He is great at getting attention for his causes. In the latest example, the OpenAI cofounder-turned-rival made a $97.4 billion bid for the assets of OpenAI’s nonprofit—namely, control over the OpenAI for-profit arm that runs ChatGPT. This is all part of Musk’s monthslong effort to stop the for-profit from getting out from under the control of the nonprofit by converting to a public benefit corporation. Musk’s bid argues that the nonprofit won’t be properly valued during t

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