Elon Musk and Sam Altman are basically in a rap battle

Fundings and Exits

Tensions are running high in the AI world this week after Elon Musk made a staggering $97.4 billion bid to buy OpenAI, a move that would mark one of the largest tech acquisitions in history — if it actually happens. OpenAI’s CEO Sam Altman shut down the notion fast, even going so far as to fire back with a post suggesting he’d buy X for a tenth of the price. But Musk’s bid itself does raise questions about potential roadblocks ahead for the company’s conversion into a for-profit.

With some comparing the tech-world clash to the Kendrick vs. Drake feud, we have to ask: What’s really at play here? Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Max Zeff, and Anthony Ha are breaking down the offer, the response, and what it means for the AI company’s future, plus other headlines from the week.

Listen to the full episode to hear about:

Equity will be back next week, so stay tuned!

Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. 

Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here.

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