Washington DC, Feb. 11 -- A group of investors led by CEO of Tesla and SpaceX Elon Musk made a USD 97.4 billion bid to acquire the assets of OpenAI, The New York Times reported.

In response, OpenAI CEO Sam Altman took a jibe at the offer on X (formerly Twitter), saying, "No thank you but we will buy Twitter for $9.74 billion if you want."

https://x.com/sama/status/1889059531625464090

The latest development marks Musk's latest challenge to OpenAI, an organisation he helped establish nearly a decade ago.

The consortium includes Vy Capital and Xai, Musk's artificial intelligence company, as well as the Hollywood power broker Ari Emanuel and other investors, according to sources who requested anonymity due to the ongoing negotiations. The...