OpenAI CEO Sam Altman’s terse “no” at a Paris conference seemed to shut the door on Elon Musk’s surprise $97.4 billion bid. But experts say the reality is far more complex. Musk’s play, technically aimed at OpenAI’s nonprofit assets,

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.

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.”