Elon Musk's $97.4 billion acquisition proposal for OpenAI rejected by Altman

According to The Wall Street Journal, a group of investors led by Elon Musk has proposed to acquire the non-profit organization that controls OpenAI for $97.4 billion, hoping to restore it to a "non-profit organization centered on open source and security". OpenAI CEO Sam Altman responded on the X platform, saying, "No, thank you, but if you're willing, we can acquire Twitter for $9.74 billion The acquisition proposal is led by Musk's AI company xAI, with investors including Valor Equity Partners, Baron Capital, Atreides Management, Vy Capital, 8VC, and Ari Emanuel's investment fund. OpenAI has not responded.