OpenAI CEO, Sam Altman has seemingly rejected billionaire, Elon Musk’s $97.4 billion bid to buy out the ChatGPT maker.


According to the Wall Street Journal, a Musk-led group of investors submitted a $97.4 billion bid to OpenAI’s board of directors to buy the nonprofit on February 10.

Altman responded in a X post, “no thank you but we will buy twitter for $9.74 billion if you want.”


Recall that Musk purchased Twitter, now called X, for $44 billion in 2022.

However, Musk seemingly hit back at Altman by sharing a video on X of Altman’s 2023 testimony before Congress, where he told lawmakers that he owns no equity in OpenAI, with the caption “Scam Altman.”

Altman and Musk were co-founders and co-chairs of OpenAI when it launched in 2015 as a nonprofit.


Musk’s reported bid comes amid an ongoing feud with Altman over the direction of the Artificial Intelligence firm, with Altman wanting to shift the company to a for-profit venture and Musk disagreeing.


https://dailypost.ng/2025/02/11/sam-altman-rejects-elon-musks-97-4b-offer-to-buy-openai/