OpenAI CEO Sam Altman said his company would reject Elon Musk’s $97.4 billion bid for it as it transitions partly into becoming a for-profit company. Altman rejected Musk’s bid on

Last March, Musk filed a lawsuit claiming OpenAI, a global leader in artificial intelligence innovation which has developed the ChatGPT chatbot, DALL-E image generator and other advanced AI-driven tools, breached promises made in its founding documents and prioritizes profit motive over serving the public good.

The OpenAI CEO quickly rejected the deal on Musk’s X platform, saying, “no thank you but we will buy Twitter for $9.74 billion if you want.”