A Musk-led consortium offered $97.4 billion to buy OpenAI as part of his continuing legal battle with the company he co-founded alongside Sam Altman.

Earlier in August, U.S. District Judge Yvonne Gonzalez Rogers ruled that Musk must face OpenAI's claims that the billionaire, through press statements, social media posts, legal claims and "a sham bid for OpenAI's assets," attempted to harm the AI startup.

Billionaire Elon Musk tried to convince Meta CEO Mark Zuckerberg to get behind a joint purchase bid for OpenAI earlier this year, according to court documents.