**Business News Update – February 11, 2025: Elon Musk’s Group Makes $97.4 Billion Bid for Nonprofit OpenAI, Intensifying AI Competition with Sam Altman**
In a significant development in the artificial intelligence sector, a group led by Elon Musk has submitted a staggering $97.4 billion offer to gain control of the nonprofit organization OpenAI. This move escalates the ongoing rivalry in the AI landscape, particularly against Sam Altman, a key figure in the industry.
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