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Elon Musk OpenAI Offer Rejected: A Billion-Dollar Showdown Elon Musk, one of the co-founders of OpenAI, has been at odds with the company’s leadership for years. In a
Elon Musk OpenAI Offer Rejected: A Billion-Dollar Showdown
Elon Musk, one of the co-founders of OpenAI, has been at odds with the company’s leadership for years. In a shocking move, Musk attempted to regain control by offering $97.4 billion to take over OpenAI. CEO Sam Altman turned down Musk’s OpenAI offer. Their feud got worse. This sparked a debate about the future of artificial intelligence.
OpenAI is at the heart of AI’s fast growth. This fight isn’t about business. It’s about the future of AI ethics, control, and power.
Elon Musk’s $97.4 billion offer wasn’t a financial play but a power move. Elon Musk, the CEO of Tesla and SpaceX, has often criticized OpenAI. He thinks it has strayed from its main goal: making open-source AI to help people.
Insider reports say that aimed his bid at:
Yet, his vision was immediately rejected by OpenAI’s board and CEO Sam Altman.
Sam Altman didn’t just decline the offer; he issued a public statement dismissing it.
After Musk’s $97.4 billion bid was rejected, Altman made a joke on X, formerly known as Twitter.
“No, thank you, but we will buy Twitter for $9.74 billion if you want.”
Musk, famous for his strong reactions, rushed to respond. He called Altman a “swindler” and accused him of valuing profits over ethical AI development.
Investors valued OpenAI at $157 billion in October. Now, it is seeking new funding at a $300 billion valuation.
Musk’s offer placed the company at a lower value than its worth.
Musk is currently suing OpenAI, claiming it has betrayed its nonprofit roots. Accepting his bid would create legal complications and potential conflicts of interest.
OpenAI is developing Stargate, a $500 billion AI supercomputer project. They are teaming up with Microsoft, SoftBank, and Oracle.
Musk publicly criticized the project. He shared his doubts about whether it could work.
Microsoft has invested more than $13 billion in OpenAI. It has also added GPT-4 to its ecosystem.
Musk’s takeover would likely disrupt these strategic alliances.
These factors made it impossible for Altman to accept Musk’s offer.
Musk co-founded OpenAI in 2015 with the vision of developing AI for the benefit of humanity. Yet, he left in 2018, citing disagreements with the company’s direction.
Since then, tensions between Musk and OpenAI have escalated.
| Year | Key Event |
|---|---|
| 2015 | Musk co-founded OpenAI as a nonprofit AI research lab. |
| 2018 | Musk leaves OpenAI, saying it has become too commercial. |
| 2020 | OpenAI launched GPT-3, shifting toward a for-profit model. |
| 2023 | Musk launched xAI, his AI company. He also criticized OpenAI for its partnership with Microsoft. |
| 2024 | Musk sues OpenAI, claiming it has abandoned its mission. |
| 2024 | OpenAI rejects Musk’s $97.4 billion offer, escalating the feud. |
This billion-dollar AI battle is far from over.
Musk’s attempt to take over OpenAI highlights a larger debate about the future of AI:
Musk thinks AI should be open to avoid misuse. Altman thinks that corporate funding is key for creating advanced AI models.
This ideological divide is shaping the future of artificial intelligence.
With Elon Musk OpenAI Offer Rejected, the AI battle is far from over.
If OpenAI’s board faces pressure, Musk could return with an even bigger bid.
To counter Musk’s influence, OpenAI may form new alliances beyond Microsoft.
Musk’s company, xAI, is developing Grok, a chatbot designed to rival ChatGPT.
If xAI gains traction, OpenAI could face serious competition.
Musk’s lawsuit against OpenAI could expose internal documents, further straining relations.
The coming months will reveal who has genuine control over the future of AI.
OpenAI rejected Musk’s $97.4 billion offer. This isn’t just a business move; it marks a key moment in the AI revolution.
AI is advancing at a rapid pace. The fight between Musk and OpenAI will influence the future of technology. Whether Musk makes another move or OpenAI strengthens its position, this billion-dollar AI war is just beginning. or OpenAI cements its dominance, one thing is certain:
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