Elon Musk's $97 billion offer to purchase OpenAI gets turned down. Find out the details of the rejected bid and the alternative proposal.
Elon Musk, along with a group of investors, has proposed a bid worth $97.4 billion to acquire OpenAI, an artificial intelligence company he co-founded. This move comes in response to Sam Altman’s plans to transform this non-profit company into a for-profit entity. Musk stated that it is time for OpenAI to return to its original focus on safety and open-sourcing. The bid is backed by Musk’s AI company xAI and several prominent investors. However, Altman has rejected the offer, stating that he is willing to acquire Musk’s company X for $9.74 billion instead of selling OpenAI.
