Sam Altman has responded to the reported $97.4 billion offer from Elon Musk and other investors to take over the nonprofit that has legal control over OpenAI, the Microsoft-backed developer of ChatGPT,

The shocking bid from Musk and a group of blue-chip investors marked an escalation in his long-running legal war with OpenAI.

On Monday, OpenAI CEO Sam Altman publicly rejected an unsolicited Elon Musk-led attempt to purchase OpenAI for $97.4 billion. The Wall Street Journal reports that the offer was backed by Musk's own company, xAI, in addition to several investors in Musk's other businesses.

Sam Altman said that Elon Musk’s “insecurity” was a factor in his decision to make a hostile $97.4 billion bid to take control of OpenAI.

In an interview with Bloomberg, Altman says OpenAI is “not for sale” and the bid is the latest of “tactics, many, many lawsuits, all sorts of other crazy stuff, now this” for the “competitor” Musk to “slow us down.

OpenAI CEO Sam Altman mocked Tesla chief Elon Musk on Tuesday, saying he operates from a "position of insecurity."

OpenAI’s board of directors rejected a $97.4 billion bid from a consortium of investors led by Elon Musk. Bret Taylor, chairman of OpenAI’s board, said the artificial intelligence company is “not for sale.

Elon Musk's $97 billion bid for OpenAI was soundly rejected by the artificial intelligence startup, which said the company "is not for sale."