Sam Altman has turned down Elon Musk's offer to acquire OpenAI, emphasizing the company's mission to benefit all of humanity.
Rejection of Elon Musk’s Offer
OpenAI CEO Sam Altman has rejected a $97.4 billion buyout offer from a consortium of investors led by Elon Musk. Altman stressed that OpenAI is not for sale. Although Musk co-founded OpenAI, he left the company after a public falling out with Altman.
Focus on AI for the Greater Good
Speaking at the AI Action Summit in Paris, Altman stated that OpenAI is committed to developing artificial general intelligence (AGI) for the benefit of all humanity. This announcement followed confirmation from Musk’s attorney that the buyout offer had been presented to OpenAI’s board.
Growth of AI Crypto Space
The rejection of the purchase has rekindled interest in AI within the crypto space. AI cryptocurrencies' market capitalization increased by 1.7%, reaching $28.3 billion in the past 24 hours. Among the trending tokens in this sector are ai16z, Virtuals Protocol, and MIND of Pepe, each demonstrating varying performance recently.
Musk's bid refusal highlights the significance of AI technologies and their potential for global advancement, opening new opportunities in the cryptocurrency sector.
