An investor coalition led by Elon Musk has made a $97.4 billion offer to buy the nonprofit organization that owns OpenAI, the artificial intelligence (AI) company led by Sam Altman. This development comes amid Musk's ongoing lawsuit against Altman, which alleges that plans to convert OpenAI to a for-profit structure violate the company's original mission.

However, Altman swiftly rejected the offer on X (formerly Twitter), responding: "no thank you but we will buy twitter for $9.74 billion if you want."

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This post was written by Angel Smith