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OpenAI CEO Sam Altman publicly rejected a staggering $97.4 billion offer from Elon Musk and other investors for control of the AI company. The offer, reported by the Wall Street Journal, sparked a heated exchange on social media, highlighting the ongoing feud between Altman and Musk. Altman's response included a cheeky proposal to buy Twitter for $9.74 billion instead, showcasing the tension between their competing visions for AI development.
The rejected bid aims to establish a valuation floor for OpenAI's assets, particularly its flagship product, ChatGPT. Musk's interest in merging OpenAI with his x.AI venture reflects a desire to return to the open-source principles that initially guided OpenAI's creation. This situation underscores the complexities of transitioning from a nonprofit to a for-profit model in the rapidly evolving AI landscape.
• Altman rejects Musk's $97.4 billion offer for OpenAI control.
• Musk proposes merging OpenAI with his x.AI venture.
OpenAI is an AI research organization focused on developing and promoting friendly AI technologies.
ChatGPT is a conversational AI model developed by OpenAI, known for its advanced natural language processing capabilities.
AI is a venture initiated by Elon Musk aimed at developing AI technologies with an open-source ethos.
OpenAI is central to the article as it navigates a potential shift from nonprofit to for-profit status.
Tesla, owned by Musk, is mentioned in the context of Musk's influence and wealth in the AI sector.
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