A consortium led by Elon Musk has proposed a massive $97.4 billion offer to purchase the nonprofit organization that currently controls OpenAI, aiming to prevent the AI startup from transitioning into a for-profit entity.

Musk’s bid comes amid growing concerns over OpenAI’s shift towards commercialization, which has sparked debate within the tech community about the ethical and financial implications of turning a cutting-edge artificial intelligence company into a for-profit business.

This move could significantly impact the future trajectory of OpenAI, as well as the broader AI industry, with Musk’s group advocating for a more controlled and nonprofit-driven model of AI development. The offer is expected to stir reactions from stakeholders, policymakers, and tech giants alike.

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