Elon Musk Leads $97 Billion Bid to Take Control of OpenAI

OpenAI CEO Sam Altman rejects the offer, escalating the ongoing feud between the two tech leaders.

Elon Musk and a group of investors have submitted a $97.4 billion offer to acquire control of OpenAI, the company behind ChatGPT.
The bid targets OpenAI's nonprofit parent organization, which currently oversees its operations, as the company transitions to a for-profit model.
OpenAI CEO Sam Altman dismissed the offer with a sarcastic remark, suggesting Musk sell Twitter for $9.74 billion instead.
Musk, a co-founder of OpenAI who left in 2018, has been critical of the company's shift toward profit-driven goals and is engaged in ongoing legal disputes with OpenAI.
The offer comes as OpenAI seeks additional funding, with reports indicating a potential $300 billion valuation and significant investments from partners like Microsoft and Softbank.