Newscenter Media News ChatGPT boss Sam Altman has turned down a $97.4 billion bid to take over his company, OpenAI, by a consortium of investors led by tech billionaire Elon Musk.
Recall that on Monday, Elon Musk said it had offered $97.4 billion to buy the nonprofit that controls OpenAI, in a move that comes months after he sued the artificial intelligence company.
In a statement, Musk, who founded OpenAI in 2015 but left in 2018, said, “It’s time for OpenAI to return to the open-source, safety-focused force it once was.”
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Marc Toberoff, Musk’s lawyer, also acknowledged that he presented the board with his offer for “all assets” of the tech company—a move that is likely to intensify long-standing tensions with OpenAI CEO Sam Altman.
However, the $97.4 billion bid, which is meant to block the artificial intelligence company from transforming into a for-profit firm, has been rejected by Altman.
On Musk’s social media site X (formerly Twitter), Altman responded to the bid by writing: “No thank you, but if you want, we can buy Twitter for $9.74 billion.”
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