Sam Altman, CEO of Open AI and developer of ChatGPT, has revealed that a group of investors, led by Elon Musk, recently approached Sam to buy his business for $97.4 billion, however Sam declined.
In response to the bid, Sam posted on X, “No thank you but we will buy Twitter for $9.74 billion if you want.”
Altman says OpenAI is “not for sale” and claims Musk is probably trying to delay its progress with an unsolicited bid for the firm.
“I think he’s probably trying to slow us down, you know, he’s a competitor” he said in an interview. Sam added that Musk is now competing with OpenAI especially since he is now building xAI.
When asked if Musks’s bid was from a position on insecurity about OpenAI, Sam responded saying, “probably his whole life is from a position of insecurity.”
Altman and Musk co-founded OpenAI in 2025 as a non-profit organization. Musk left the company in 2018 after the relationship between the two went sideways. The bid by Musk is the latest twist in the battle between the two.