OpenAI says Musk's takeover bid contradicts his lawsuit against it


FILE PHOTO: OpenAI logo is seen in front of Elon Musk photo in this illustration taken March 11, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - Billionaire Elon Musk's bid to buy OpenAI, which wants to be a for-profit entity, clashes with his lawsuit arguing that assets of the ChatGPT maker should not be for private gain, OpenAI wrote in a letter it submitted to a federal court on Wednesday.

On Monday, a consortium of investors led by Elon Musk offered $97.4 billion to buy the assets of OpenAI's nonprofit, in another salvo from the world's richest man against the artificial intelligence startup.

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