Nigeria, Feb. 11 -- Elon Musk and a group of investors, including his AI company xAI, have offered nearly $100 billion to acquire OpenAI, the company behind ChatGPT.

The proposal, confirmed by Musk's attorney on Monday, was formally submitted to OpenAI's board.

If accepted, the deal could reshape the AI industry and escalate Musk's ongoing legal disputes with OpenAI.

Musk, who co-founded OpenAI in 2015, left the company's board in 2018 following disagreements over its leadership and direction.

Since then, he has criticized OpenAI for moving away from its original non-profit mission and has filed multiple lawsuits, accusing the company of prioritizing profits over ethical AI development.

He has now proposed taking control of OpenAI to...