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Elon Musk reportedly offers $97.4 billion for OpenAI, Sam Altman says 'no thank you'
OpenAI CEO Sam Altman shot down an unsolicited offer by a group of investors led by Elon Musk on Monday to purchase the nonprofit that heads up OpenAI for $97.4 billion.
The offer, which was first reported by the Wall Street Journal, would mark a significant reduction in OpenAI's valuation
According to CNBC, SoftBank plans to invest $40 billion in OpenAI at a valuation of $260 billion.
In a post on X, the social media platform formerly known as Twitter Musk purchased for $44 billion back in 2022, Altman wrote in response: "no thank you, but we will buy Twitter for $9.74 billion if you want."
Musk responded minutes later, calling Altman a "swindler#Gate.io Has Officially Partnered with Oracle Red Bull Racing #BTC Market Trend Analysis #Join Content Creators Challenge & Win $3,000