Open AI CEO Sam Altman rejects rival co-founder Elon Musk's $97.4 billion takeover bid. Here's what to know about OpenAI and what is ChatGPT

Last March, Musk filed a lawsuit claiming OpenAI, a global leader in artificial intelligence innovation which has developed the ChatGPT chatbot, DALL-E image generator and other advanced AI-driven tools, breached promises made in its founding documents and prioritizes profit motive over serving the public good.

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