ChatGPT boss Sam Altman rejects Elon Musk's $97bn offer to buy OpenAI

ChatGPT boss Sam Altman rejects Elon Musk's $97bn offer to buy OpenAI
Share:
ChatGPT boss Sam Altman rejects Elon Musk's $97bn offer to buy OpenAI
Author: Andrew Williams
Published: Feb, 11 2025 10:56

Summary at a Glance

ChatGPT boss Sam Altman rejects Elon Musk's $97bn offer to buy OpenAI A group of investors including Elon Musk has proposed a bid to acquire artificial intelligence pioneer OpenAI — the maker of ChatGPT — for almost £80 billion.

OpenAI, the creator of ChatGPT, has seen its AI technology adopted by major tech and business names, including Microsoft, Apple, Salesforce, Snap, and more.

Sam Altman, OpenAI’s CEO, responded to the offer on Musk-owned social media platform X (formerly Twitter), rejecting the deal.

Musk’s lawyer Marc Toberoff confirmed on Monday an offer of $97.4bn (£78.8bn) had been made to OpenAI’s board of directors for “all assets” of the company.

Musk and Altman originally co-founded the company in 2015 as a non-profit, but tensions grew after Musk left the company in 2018.

Share:

More for You

Top Followed