Elon Musk Enlists Ari Emanuel Among Investors In Bid to Take Over OpenAI and Court Hollywood

OpenAI CEO Sam Altman shot down Elon Musk’s reported offer to buy the company behind ChatGPT, escalating a battle with the X owner over the AI firm’s for-profit pivot that could shape Hollywood’s adoption of the technology.

“No thank you but we will buy twitter for $9.74 billion if you want,” Altman wrote in a post on X Monday afternoon. 

Musk was part of a group of investors who made a $97.4 billion offer to buy the nonprofit company that controls OpenAI, The Hollywood Reporter has confirmedOther investors in the consortium include Endeavor CEO Ari Emanuel through his investment firm, Emanuel Capital Management, Baron Capital Group, Valor Management, Atreides Management, Vy Fund III and Eight Partners VC.

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