These are investors who fund attempt to absorb Musk Openii of $ 97 billion

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It is as if Elon Musk is not enough, a consortium of investors led by him, announced plans on Monday For what seems to be a hostile ingestion of Openai.

The investor group has offered nearly $ 97.4 billion to buy all OPENAI assets and is “ready to consider a match or exceeding higher offers,” the press sent to TechCrunch said.

Openai CEO Sam Altman does not have it. He immediately respond to x“No thank you, but we will buy Twitter for $ 9.74 billion if you want.”

The consortium includes Baron Capital Group Inc., Valor Management LLC, Atreides Management, LP, VY Fund III LP, Emmanuel Capital Management LLC and eight VC LLC partners.

While Emanuel Capital Management has a smaller public profile, the rest are firmly in Musk’s orbit.

Baron Capital Group, which manages numerous mutual funds, is founded by Ron Baron. Company Baron Partners Fund, He who rules with his son Michael Baron has big bets in Tesla and Sissmos.

Atreides management is related to the Boston -based Atreides Hedge Fund. As we reported earlierFounder Gavin Baker spent 18 years in Fidelity, where he made his first investment in SpaceX. Atreides also invests in Tesla, and Baker was a public supporter of the huge Tesla pay package.

Valor Management is founded by Antonio Grakias, An early investor at SpaceX and a former member of the Tesla boardS He was also an investor at Musk’s SolarCity before Tesla acquired it.

Vy capital founded by Alexander Tamas, also has Spacex Stake and has invested in a number To other musk companies such as the boring company and Neuralink.

Eight partners VC is more known as Joe Lonsdale’s company 8VC, according to public documentsS Lonsdale is a Musk vocal fan and works in similar circles. He recently appeared in CNBC, calling himself a “huge fan” of Musk’s Doge, an interview that Musk Reposted at X.

It is not yet clear how serious this group is. A plausible analysis floating around the Internet Well, this is as much troll as the proposal. Some say this is Musk’s attempt to increase the price that Altman’s team should pay to buy Openai’s main assets in order to restructure it from its original non -profit status.

Musk was part of the founding of Openai as a non -profit organization for research organization, and Musk tries to stop Altman restructuring plans.

 
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