These are (*97*) attempt to finance $ 97 billion to take over OpenAI

These are (*97*) attempt to finance $ 97 billion to take over OpenAI

As if Elon Musk didn’t have enough, the consortium of investors he conducted announced on Monday plans for what seems to be (*97*) hostile takeover of Otnai.

The group of investors offered almost $ 97.4 billion to buy all OPENAI assets and is “prepared to consider matching or exceeding higher offers,” he said in a press release sent to TechCrunch.

- Advertisement -

Altman himself, the general director of Opeli, is not there. He immediately replied to x“Not thank you, but we’ll buy Twitter for $ 9.74 billion if you want.”

The consortium includes the Baron Capital Group Inc., Valor Management LLC, AtReides Management, LP, Vy Fund III LP, Emmanuel Capital Management LLC and Eight Partners VC LLC.

While Emanuel Capital Management has a slim public profile, the others are definitely in Muska orbit.

The Baron Capital Group, which manages many investment funds, was founded by Ron Baron. Business Baron Partners Fund, who manages his son Michael Baron, has large rates in Tesla and Spacex.

Atreid management is associated with Boston hedge funds. As we informed earlier, the founding father of Gavin Baker spent 18 years in Fidelita, where he invested in SpaceX for the first time. Atreides also invested in Tesla, and Baker was a public supporter of the huge Pay Tesla package.

The management of the value was founded by Antonio Gracias, Early Investor SpaceX and a former member of the board of Tesla. He was also (*97*) investor in Solarcity Muska before Tesla purchased him.

Vy Capital, founded by Alexander Tamas, also has SpaceX walks and has invested in many other musk corporations, reminiscent of Boring Company and Neuralink.

According to Eight Partners VC, he is higher often called Joe Lonsdale, according to public applications. Lonsdale is a vocal fan of musk and runs in similar circles. He recently appeared in CNBC, calling himself a “big fan” of Doge Muska, (*97*) interview that Musk Interrupts X.

It is not yet clear how serious this group is. One likely evaluation swims On the Internet It is that it is just as trolling as the offer. Some say that this is (*97*) attempt to increase the price of Musk, which Altman’s team would have to pay for the purchase of basic OPENAI assets to restructure it based on the original status of the non -profit organization.

Musk was a part of the foundation of OpenAI as a research organization non -profit AI, and Musk is trying to stop Altman’s restructuring plans.

Latest Posts

Advertisement

More from this stream

Recomended