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Sam Altman shuts down Elon Musk’s $97.4 billion bid for OpenAI: ‘No thank you’, makes counter offer for X

Livemint · 2m

Elon Musk, backed by his company xAI and several investors, offered $97.4 billion to buy OpenAI's non-profit arm. This proposal intensified the rivalry with OpenAI, as Musk criticized OpenAI for straying from its original mission. OpenAI CEO, Sam Altman, publicly rejected the bid, humorously suggesting buying Musk’s X platform instead. OpenAI, co-founded by Musk and Altman, evolved from its non-profit roots to form a for-profit structure, prompting further disagreement between the two.