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Windows Central
Windows Central
Technology
Kevin Okemwa

Sam Altman rubbishes Elon Musk's $97.4 billion bid — OpenAI and its mission aren't for sale: “I wish he would just compete by building a better product"

Sam Altman in a courtroom setting.

In an unexpected move, Tesla CEO and billionaire Elon Musk made a $97.4 billion bid to acquire OpenAI. Musk's bid was backed by multiple investors, including Baron Capital Group Inc., Valor Management LLC, Atreides Management, LP, Vy Fund III L.P., Emmanuel Capital Management LLC, and Eight Partners VC LLC.

However, the offer was quickly shot down by OpenAI CEO Sam Altman, who jokingly counter-offered to buy X (formerly Twitter) for $9.74 billion, which seemingly enraged Musk, prompting the billionaire to call the AI executive a "swindler."

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