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Elon Musk Leads Consortium To Buy OpenAI For $97.4bn

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Elon Musk is leading an investment group offering $97.4 billion for the nonprofit that controls OpenAI, marking a new front in his war with the ChatGPT-maker, the Wall Street Journal reported Monday.

Musk attorney Marc Toberoff said he submitted the bid to OpenAI’s board of directors, according to the Journal.

“No thank you, but we will buy Twitter for $9.74 billion if you want,” OpenAI chief Sam Altman wrote in a post on X, formerly Twitter, apparently responding to the offer.

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Musk, who bought X under its former moniker for $44 billion in 2022, replied to the post by simply writing: “Swindler.”

READ ALSO: Elon Musk Blasts South Africa’s Malema Over ‘Genocidal’ Comment Against Whites

Musk’s attorney did not immediately respond to a request for comment.

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The Tesla boss and close ally of US President Donald Trump has been mired in an ongoing feud with Altman, with Musk filing repeated lawsuits against the San Francisco-based OpenAI.

Musk co-founded OpenAI in 2015, with the company becoming the world’s leading AI startup since he left in 2018. He launched his own generative AI startup, xAI, in 2023.

We created a bespoke structure: a for-profit, controlled by the non-profit, with a capped profit share for investors and employees,” OpenAI said in a December blog post that outlined a plan to become a Delaware Public Benefit Corporation.

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READ ALSO: Musk Slams FEMA For Paying $59m To Luxury Hotels To Accommodate Illegal Migrants

The shift would require the company to balance the interests of shareholders, stakeholders, and the public in a tilt away from non-profit, according to the post.

Musk established xAI in early 2023 to have a foothold in the technology expected to disrupt how people live and work.

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OpenAI is one of the world’s highest-valued startups but loses money on the high costs of turning out its expensive technology.

Trump in January announced a major investment to build infrastructure for AI-led by Japanese giant Softbank, cloud giant Oracle and OpenAI.

READ ALSO: US Judge Blocks Musk’s DOGE Dept From Treasury Data

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The venture, called Stargate, “will invest $500 billion, at least, in AI infrastructure in the United States,” Trump said in remarks at the White House.

OpenAI co-founder and boss Altman, SoftBank’s chief Masayoshi Son and Oracle founder Larry Ellison attended the announcement.

But Musk was quick to cast doubt on the project, saying the money promised for the investment actually was not there.

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The comments marked a rare instance of a split between the world’s richest man and Trump, with Musk playing a key role in the new US administration after spending $270 million on the Republican’s election campaign.

AFP

 

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U.S. Lawmaker Reacts To Nigeria, U.S. Airstrikes

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United States Congressman, Riley Moore, has stated that President Donald Trump is determined to put an end to the killing of Christians in Nigeria, warning that further action may follow if the violence persists.

Moore made the statement on Friday via his official X handle.

According to the lawmaker, the strike represents the first step in addressing what he described as the ongoing slaughter of Christians and the broader security crisis affecting Nigerians across religious and ethnic lines.

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READ ALSO:US Dept Of War Shares Video Of Air Strikes In Nigeria

President Trump has been clear that the killing of Christians in Nigeria must end,” he said.

He that the administration’s resolve on the matter should not be underestimated.

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As I stated at the outset: Do not test President Trump‘s resolved in this matter.

READ ALSO:JUST IN: US Forces Bomb Terrorists Camps In Nigeria

Tonight’s strike in coordination with the Nigerian government is just the first step to ending the slaughter of Christians and the security crisis affecting all Nigerians,” he said.

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He stressed that the operation signals a stronger stance by the United States in support of Nigeria’s efforts to tackle terrorism and violent extremism, noting that further measures could be taken if the situation does not improve.

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US Dept Of War Shares Video Of Air Strikes In Nigeria

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A video footage of the US military air strikes in Nigeria has emerged.

The video was released by the US Department of War following its air strikes against terrorists in Sokoto.

Earlier, the US secretary of War, Pete Hegseth had confirmed that military air strikes hit terrorists in Nigerians, saying it was deadly.

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Later on, the US. African Command, confirmed that it conducted the attacks described as very deadly by President Donald Trump.

Trump said he was only keeping the promise he made earlier last month to strike the terrorists he believes are killing innocent Christians.

READ ALSO:JUST IN: US Forces Bomb Terrorists Camps In Nigeria

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Although described as powerful and deadly, the casualty caused by the attack is yet to be released.

Explaining further, security expert, Brant Philip, said the strikes may have been launched “from the USS Paul Ignatius, using a Tomahawk missile.”

The Nigerian government through its ministry of foreign affairs has also confirmed that the strikes were successful.

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Watch video here

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JUST IN: US Forces Bomb Terrorists Camps In Nigeria

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United States President Donald Trump said US forces conducted deadly strikes against Islamic State terrorists in northwestern Nigeria, and vowed more attacks if the militants keep killing Christians.

“I have previously warned these Terrorists that if they did not stop the slaughtering of Christians, there would be hell to pay, and tonight, there was,” Trump posted on his Truth Social platform, adding that “the Department of War executed numerous perfect strikes.”

READ ALSO:JUST IN: Kano Lawmaker, Sarki Aliyu Daneji, Dies Hours After Colleague’s Passing

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Trump stated that the Department of War “executed numerous perfect strikes, as only the United States is capable of doing. Under my leadership, our Country will not allow Radical Islamic Terrorism to prosper.”

The US president wished everyone Merry Christmas, “including the dead Terrorists, of which there will be many more if their slaughter of Christians continues.”

Details later.

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