Elon Musk's $97B OpenAI Takeover Bid: Meta's Potential Involvement and Legal Implications

Reviewed byNidhi Govil

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Elon Musk's attempt to acquire OpenAI for $97 billion has taken a new turn, with revelations of potential discussions with Meta's Mark Zuckerberg. This development has sparked legal inquiries and raised questions about the dynamics between major players in the AI industry.

Musk's Ambitious Bid for OpenAI

In a surprising turn of events, Elon Musk, the tech mogul behind Tesla and SpaceX, made an unsolicited $97.4 billion bid to acquire OpenAI, the company behind ChatGPT. This audacious move has not only raised eyebrows in the tech industry but has also led to a complex legal battle involving some of the biggest names in Silicon Valley

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Source: Digit

Source: Digit

Meta's Alleged Involvement

OpenAI's lawyers have revealed that Musk allegedly communicated with Mark Zuckerberg, CEO of Meta Platforms, about potential financing arrangements or investments related to the takeover bid

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. This revelation came to light in a court filing where OpenAI is seeking to compel Meta to produce evidence of any coordination with Musk and his AI company, xAI

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Legal Maneuvers and Document Requests

OpenAI has subpoenaed Meta, requesting documents and communications related to "any actual or potential restructuring or recapitalization of OpenAI"

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. The AI company argues that Meta's communications with other bidders or internal discussions could shed light on the motivations behind Musk's bid

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. However, Meta has objected to this request, stating that OpenAI should seek relevant documents directly from Musk and xAI

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Musk's Defense and Counter-Arguments

Source: Economic Times

Source: Economic Times

Lawyers representing Elon Musk have asked a U.S. judge to block OpenAI from obtaining these documents from Meta

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. They argue that OpenAI has already received relevant documents from Musk and xAI, and that further "expansive discovery" is irrelevant to the current phase of the trial

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The Bigger Picture: AI Industry Dynamics

This legal battle is unfolding against a backdrop of intense competition in the AI industry. Meta has been investing heavily in its own AI capabilities, including poaching top researchers from OpenAI with lucrative pay packages

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. The company has also invested $14 billion in Scale AI and reportedly approached other AI labs about potential acquisitions

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Historical Context and Future Implications

Source: Reuters

Source: Reuters

Musk was a co-founder of OpenAI and invested significantly in the company before leaving its board in 2018

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. His current lawsuit against OpenAI stems from disagreements over the company's transition to a for-profit model, which Musk claims betrays the organization's founding mission

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As this legal drama unfolds, it highlights the high stakes and complex relationships within the AI industry. With a jury trial scheduled for spring 2026, the outcome of this case could have far-reaching implications for the future of AI development and corporate governance in the tech sector

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