Business

Sam Altman Counters Elon Musk's Offer with a Bold $9.74 Billion Proposal for X Corp

OpenAI's Counter-Proposal to Elon Musk

In a surprising turn of events, OpenAI CEO Sam Altman responded to Elon Musk's proposal to purchase the AI startup by making a counter-offer to acquire X Corp for $9.74 billion. This bold move was announced on the social media platform X, where Altman directly addressed Musk's earlier bid.

The Wall Street Journal's Disclosure

Earlier reports from The Wall Street Journal revealed that Elon Musk was leading a group of investors with a bid valued at $97.4 billion to acquire OpenAI. This news set the stage for Altman's unexpected counter-proposal, highlighting the high stakes and intense interest in the future of AI development.