The billionaire's attorney, Marc Toberoff, confirmed he submitted the bid for "all assets" of the company on Monday.

Tech billionaire has offered nearly $100 billion to buy OpenAI, which is behind ChatGPT, in a bid to keep it non-profit but it was turned down by CEO Sam Altman who hit back with an offer for Twitter/

Elon Musk has led a £78.3billion bid to take control of artificial intelligence company OpenAI, only to face immediate rejection from its chief executive. The Tesla billionaire's consortium offered $97.

Musk and Altman originally co-founded the company in 2015 as a non-profit, but tensions grew after the Tesla chief left the company in 2018

In a high-stakes bid that could reshape the future of artificial intelligence, Elon Musk is leading a group of investors that have offered to buy OpenAI, the parent company of ChatGPT, for $97.4 billion.

The group’s $97 billion offer is far lower than the OpenAI’s most recent valuation by investors. OpenAI CEO Sam Altman rebuffed the offer in a post on X.

Elon Musk and a group of investors offered more than $97 billion to buy the nonprofit that controls the artificial intelligence giant OpenAI, the company behind ChatGPT, on Monday. The bid, first reported by The Wall Street Journal,

Investors led by Elon Musk have offered $97.4 billion to take over OpenAI, the artificial intelligence maker of ChatGPT that uses artificial intelligence to understand and generate human-like text.

A group of investors led by Elon Musk is offering about $97.4 billion to buy OpenAI, escalating a legal dispute with the artificial intelligence company that Musk helped found.