OpenAI questions Musk-led USD 97.4 billion takeover bid, citing contradictions

Washington DC [US], February 13 (ANI): OpenAI’s board of directors has raised concerns over a USD 97.4 billion takeover bid led by Elon Musk and others, questioning the rationale behind the proposal, as reported by The New York Times on Wednesday.

On Monday, a group of investors led by Musk made a USD 97.4 billion bid to acquire OpenAI’s assets. In response, OpenAI CEO Sam Altman took a jibe at the offer on X, saying, “No thank you, but we will buy Twitter for $9.74 billion if you want.” Musk responded by calling Altman a “swindler.”