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Elon Musk is leading a group of investors in a potential $97.4 billion purchase of the nonprofit that controls OpenAI, Wall Street Journal reports. Musk is looking to acquire control of the AI powerhouse from Sam Altman, adding heat to their rivalry surrounding OpenAI’s ChatGPT. Elon Musk’s attorney, Marc Toberoff, said he submitted the bid to OpenAI’s board of directors Monday. JUST IN: Elon Musk-led group offers $97.4 billion to buy the nonprofit controlling OpenAI, WSJ reports. — Watcher.Guru (@WatcherGuru) February 10, 2025 OpenAI CEO Sam Altman was previously looking to transform the company into a for-profit after returning to his post late last year. However, the unsolicited offer throws a wrench in those plans. Since the two co-founded OpenAI in 2015, Musk and Altman have gone back and forth over the company’s future. Musk has gone as far as to ban OpenAI and ChatGPT from devices within the headquarters of his companies. Additionally, the Tesla founder’s xAI p...

AI coins, including NEAR, NCP, RENDER, and FIL, saw significant drops of 8-10% today as China’s AI startup DeepSeek challenged US dominance in the sector.  China’s AI startup DeepSeek disrupted the market by creating AI models that cost much less than those of Silicon Valley giants. AI coins decreased sharply during the early hours of Monday’s Asia market. This shift came alongside a sharp decline in Nasdaq 100 futures, which fell 330 points during Sunday’s overnight trading, triggering further panic in the market. AI Coins Crash: Is There A Reason For Panic? The AI coins market has dropped over 7.66% during the last 24 hours, with the total market cap falling below $44 billion, according to CoinMarketCap.  The sharp drop is primarily due to the sudden rise in popularity of China’s DeepSeek AI startup, which has shaken the market with its low-cost infrastructure. Built using chips that are a fraction of the cost compared to those used by US AI...