Musk, Altman feud escalates amid Trump influence

Elon Musk's recent $97.4 billion bid to acquire OpenAI has sparked a fierce response from CEO Sam Altman, who rejected the offer and labeled Musk a competitor who is unable to outpace OpenAI. The rivalry between Musk and Altman is intensifying, especially against the backdrop of ongoing litigation concerning OpenAI's direction. Musk's bid is viewed as an attempt to disrupt Altman's leadership and influence in the AI space, particularly as both vie for favor with President Trump, who has recently announced a major AI initiative. Altman's counter to Musk's offer was a tongue-in-cheek suggestion to buy Twitter for $9.74 billion, further fueling the animosity between the two tech giants. Experts suggest that the outcome of this feud could significantly impact the future of AI development and investment. As investor scrutiny on AI spending increases, questions about the monetization of such investments are becoming more pressing, especially following recent controversies in the industry.