OpenAI, a leading organization in artificial intelligence (AI) research, has emphatically declared that it is 'not for sale' in response to Elon Musk's reported $97.4 billion offer, made by the CEO of Tesla and SpaceX.

During an AI summit in Paris on Tuesday, Chris Lehane, OpenAI's Chief Global Affairs Officer, addressed the situation, reinforcing the company’s commitment to its independence.

“OpenAI is not for sale, and any such suggestion is truly disingenuous,” Lehane stated, framing the proposal as indicative of Musk's competitive struggles in the swiftly evolving AI landscape.

Musk, who co-founded OpenAI in 2015, has since parted ways with the organization and voiced concerns about its direction and safety measures.

The announcement and the ensuing remarks occur amid a surge of investment and competition in the AI sector, which has experienced remarkable growth and scrutiny in recent years.

The AI arena is characterized by intense competition among both tech giants and startups, all racing to advance AI technologies.

Lehane's statements underscore OpenAI’s unwavering dedication to its mission of ensuring that artificial general intelligence (AGI) serves the best interests of all humanity.

Currently, the implications of Musk's bid and its potential impact on the competitive dynamics within the AI industry are significant points of interest for analysts and stakeholders in the field.