Elon Musk pursued a $97.4 billion bid to buy OpenAI in early 2025 and sought Mark Zuckerberg's help to form a consortium to finance the takeover. Musk and xAI approached Zuckerberg with a letter of intent while Musk was building xAI after leaving OpenAI in early 2018. Musk has filed lawsuits against Sam Altman and OpenAI alleging a shift toward profit-maximization favoring Microsoft. OpenAI filed counterclaims that a judge allowed to proceed. Sam Altman rejected Musk's February offer and said Musk may be trying to slow OpenAI. Meta is spending heavily on AI and offering large pay packages to poach talent.
OpenAI said that when Musk and xAI were "trying to form a consortium of investors to finance a takeover," they approached Zuckerberg with a letter of intent.
"Elon tries all sorts of things. I think he's probably just trying to slow us down."
The statement in the filing also noted that Meta is "spending heavily" in its own AI research and has been "offering pay packages of $100 million or more to leading AI researchers and attempting to poach OpenAI employees."
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