Altman Rejects Musk's $97 Billion Bid for OpenAI

Elon Musk has made a $97.4 billion unsolicited bid to acquire OpenAI's non-profit arm, which Sam Altman, OpenAI's CEO, rejects as an attempt to stifle competition. Altman, who labels Musk as insecure and unhappy, suggests that Musk's actions aim to slow down OpenAI rather than improve AI technology. Musk, a former co-founder of OpenAI, proposes the acquisition to revert OpenAI to an open-source and safety-focused entity, amidst ongoing tension and legal disputes between the two tech leaders. The feud underscores the competitive landscape in the AI industry, with both Musk's xAI and OpenAI vying for technological leadership. Despite the offer, Altman remains firm that OpenAI is not for sale and dismisses Musk's approach as a series of disruptive tactics. The rivalry reflects broader industry dynamics as both parties seek to influence the future direction of AI development.