Elon Musk's $97.4 Billion Bid for OpenAI Sparks Accusations and Controversy

Elon Musk's $97.4 billion bid to acquire OpenAI has been met with skepticism from the organization's board, citing previous contradictions in Musk's legal stance. OpenAI CEO Sam Altman dismissed the offer humorously, while a lawsuit filed by Musk against the company continues to play out in court.

Elon Musk's audacious $97.4 billion offer to acquire OpenAI's assets has sparked controversy, as the company's board of directors raises concerns about the proposal's legitimacy, The New York Times reported on Wednesday.

OpenAI's CEO Sam Altman took to social media platform X to humorously reject the bid, suggesting an alternative purchase of Twitter for $9.74 billion. In response, Musk labeled Altman as a "swindler."

A court filing reveals OpenAI's contention that the offer contradicts Musk's previous legal stance, accused of hypocrisy in seeking asset transfer despite having asserted against it last year. As the board deliberates, tension persists, intensified by a related lawsuit and historical discord between Musk and Altman.