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Hot News-2/11/25

Musk Bids £97.4bn to Take Over ChatGPT Creator OpenAI

Source CNN

Elon Musk is leading a historic £97.4 billion offer to acquire OpenAI, the parent company of ChatGPT. The proposal, revealed by the Wall Street Journal, could give Musk majority control of the company that competes with his own firm X.AI. This move comes amid a long-standing dispute between Musk and CEO Sam Altman, whom he accuses of deviating from OpenAI's original non-profit mission. Altman responded ironically on X by offering to buy Twitter for £9.74 billion. Musk's offer represents a new chapter in his contentious relationship with OpenAI, a company he co-founded in 2015 and left in 2018 following disagreements about its commercial direction.

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