Elon Musk offered to buy OpenAI, the maker of ChatGPT, for $97.4 billion. Sam Altman, CEO of OpenAI, promptly rejected the offer, underscoring the company's commitment to independence.
Musk’s Bid to Acquire OpenAI
According to Reuters, Elon Musk and a group of investors, including xAI, Baron Capital, Vy Capital, and 8VC, made the offer on February 10. Musk had previously bought Twitter, now X, for $44 billion in 2022.
Altman's Response and Musk’s Reaction
Altman replied on X, saying, "No thank you but we will buy Twitter for $9.74 billion if you want." Musk responded by sharing a video dubbing Altman 'Scam Altman,' further intensifying their public dispute.
OpenAI’s Financial Status and Future Plans
OpenAI, valued at $157 billion last year, has drawn major investments, including a $40 billion deal with SoftBank. The firm is also part of the $500 billion 'Stargate' project. Musk’s investor group remains open to increasing their offer.
OpenAI remains independent under Sam Altman's leadership, despite Elon Musk's acquisition efforts. The company's future indicates further development and participation in new projects.
