Elon Musk's $97.4 Billion Bid for OpenAI Rejected by Sam Altman

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In a dramatic turn of events, Elon Musk's investor group has made headlines by proposing a $97.4 billion acquisition of the nonprofit that oversees OpenAI, but the offer has been promptly rejected by OpenAI's CEO, Sam Altman. Musk's bid aims to regain control of the organization he co-founded in 2015, which has since shifted to a profit-driven model while developing prominent AI technologies like ChatGPT.

The feud between Musk and Altman intensified after the rejection, with Musk taking to the platform X (formerly Twitter) to respond to Altman's comment that he would consider purchasing X for $9.74 billion instead. Musk, who has voiced distrust towards OpenAI’s current trajectory, criticized Altman as "Scam Altman," expressing concerns over the nonprofit's departure from its original open-source mission.

Musk’s contentious relationship with OpenAI has evolved since he left the board in 2018 amidst disagreements over its direction. The ongoing battle illustrates the broader conflict within the tech industry about the ethics and business practices related to artificial intelligence development, particularly in balancing profit motives against public interest.

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