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.

Sam Altman is leaving no room for doubt about his views on an Elon Musk-led bid to take control of OpenAI. In a letter to OpenAI staff Monday, the CEO put the words “bid” and “deal” in scare quotes and said the startup’s board has no interest in the offer.

Trump insider Musk adds unsolicited bid to pending lawsuit, social media trolling of OpenAI, a company he helped launch in 2015

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 is pushing back on an unsolicited bid made by Elon Musk and a group of investors to buy the nonprofit that controls OpenAI. The $97.4 billion bid, made by Musk's AI company, xAI, and backed by several investment firms, deepens the ongoing battle between Musk and Altman over OpenAI, which they co-founded in 2015.

Elon Musk co-founded OpenAI with Sam Altman and a group of others in the tech realm in 2015, but left in 2018.

Elon Musk continued to make announcements that stopped people in their tracks by submitting an offer to acquire OpenAI. The artificial intelligence (AI) startup responsible for building ChatGPT is one of the most closely watched companies in the tech space,

OpenAI execs are reportedly considering granting the company's non-profit board more powers in the wake of an unsolicited takeover bid from Elon Musk. According to the Financial Times, the AI company is exploring a plan that would give the non-profit board special voting rights,