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ELON MUSK $97.4 BILLION OPENAI BID @KASIBCNEWS

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  ELON MUSK $97.4 BILLION OPENAI BID @KASIBCNEWS  Elon Musk just lobbed a  $97.4 billion unsolicited bid  to buy OpenAI’s nonprofit parent, throwing a wrench into Sam Altman’s plan to restructure the company and raising serious questions about its valuation. Musk co-founded OpenAI in 2015 but left in 2018 after a power struggle. Since then, OpenAI has gone from a nonprofit AI research lab to a  Microsoft-backed AI powerhouse  with a for-profit subsidiary. Now, as Altman works to spin off the nonprofit and raise  $40 billion from SoftBank,  Musk is pushing back, both in court and with his latest bid. On Monday, Musk—backed by xAI, Vy Capital, and Hollywood power player Ari Emanuel—offered  $97.4 billion  for the nonprofit parent. The catch?  Nonprofits don’t have shareholders, so buying one isn’t even straightforward.  But the offer puts OpenAI in a tight spot: if they won’t sell for  $97.4 billion , then they clearly think...