Musk's $97.4B Bid for OpenAI Faces Rejection

Elon Musk has submitted a $97.4 billion bid to take control of OpenAI, a nonprofit he co-founded but left in 2018, aiming to return it to its original open-source model. This move is part of an escalating feud with OpenAI's CEO Sam Altman, who has steered the company towards commercialization and rejected Musk's offer with a satirical proposal to buy Twitter for $9.74 billion. Musk's consortium includes major investors, and the bid is seen as a challenge to OpenAI's transition to a for-profit entity, which is partly owned by Microsoft. Musk's legal actions against OpenAI further reflect his discontent with its current direction and partnerships. The rivalry has sparked public exchanges on social media, highlighting the broader debate over AI's role and governance. The bid's rejection indicates ongoing tensions as both parties vie for influence in the AI sector.