OpenAI Should Have Accepted Elon Musk’s $97.4 Billion Offer.
SMRTR summary
Elon Musk offered to buy OpenAI for $97.4 billion, but CEO Sam Altman quickly rejected the offer. OpenAI's recent $6.6 billion investment round valued the company at $157 billion, making Musk's offer seem low. The AI company also secured exclusive rights to Project Stargate, a $500 billion AI infrastructure project. Altman believes OpenAI is close to developing superintelligent AI, which could explain his confidence in rejecting the offer despite potential challenges facing the company.
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