Musk’s consortium, which includes VCs like Joe Lonsdale’s 8VC and SpaceX investor Vy Capital, is offering exactly $97.375 billion to buy out OpenAI, and says in the letter 100% of the purchase price “would be paid in cash.”

As part of the buyer's due diligence process, the letter states that OpenAI must grant it "access to any assets, facilities, equipment, books, and records of the Company in connec

On Monday, February 10th, a group of investors led by Elon Musk made an offer to purchase OpenAI, owner of ChatGPT for $97.4 billion. OpenAI has two branches, a nonprofit sector and a for-profit sector.