OpenAI CEO Sam Altman, 39, made it clear on Tuesday that OpenAI was not on the market following a shock $97.4 billion supply from Elon Musk on Monday for the corporate’s working property.
“Elon tries all types of issues,” Altman advised Bloomberg on the Paris AI Motion Summit on Tuesday. “I feel he is in all probability simply making an attempt to sluggish us down.”
Altman identified that Musk, 53, is the CEO of xAI, a rival AI startup that final raised $6 billion in December 2024. xAI is “making an attempt to compete” with OpenAI by making an attempt to get new applied sciences and merchandise to the market sooner than OpenAI, in response to Altman.
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Altman was later requested within the interview if Musk making an attempt to take over OpenAI got here from a place of insecurity about xAI’s know-how. Altman responded with a private jab at Musk.
“Most likely his entire life is from a place of insecurity,” Altman mentioned. “I really feel for the man, I do, I do not suppose he is a contented individual.”
Musk led a bunch of traders to make an unsolicited supply to purchase OpenAI, submitting a bid to OpenAI’s board of administrators on Monday, per the Wall Avenue Journal. Musk mentioned in a press release supplied by his lawyer, Marc Toberoff, that his intention with the bid was to carry OpenAI again “to the open-source, safety-focused drive of excellent it as soon as was.”
Altman shortly responded with a publish on X on Monday, writing, “No thanks, however we are going to purchase Twitter for $9.74 billion in order for you.”
Musk paid $44 billion for Twitter, now X, in October 2022. Musk replied to Altman’s publish with one phrase: “Swindler.”
Shortly after the trade, Musk posted on X “Rip-off Altman” with a clip of Altman testifying earlier than the Senate Judiciary Committee in Might 2023. Within the clip, Senator John Kennedy (R-LA) asks Altman if he makes some huge cash. Altman says he’s paid sufficient for medical health insurance and has no fairness in OpenAI. Kennedy says that Altman “wants a lawyer or an agent,” and Altman responds by saying that he’s working at OpenAI “as a result of [he] loves it.”
Altman makes $76,000 per 12 months as OpenAI’s CEO however is price at the least $2 billion in response to the Bloomberg Billionaires Index due to investments in Stripe, Reddit, and nuclear power startup Helion.
Swindler
— Harry Bōlz (@elonmusk) February 10, 2025
Rip-off Altman
pic.twitter.com/j9EXIqBZ8u— Harry Bōlz (@elonmusk) February 10, 2025
Musk helped cofound OpenAI and left in early 2018 after Altman and different firm founders rejected Musk’s proposal to take management of and run the corporate. He has since filed lawsuits towards Altman and OpenAI president Greg Brockman, accusing them of going towards the founding ideas of OpenAI and dealing to maximise income for Microsoft, a now key investor that has poured near $14 billion into the corporate.
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Altman took one other jab at Musk by telling Bloomberg on Tuesday that he wished Musk would compete with OpenAI by constructing higher merchandise, as an alternative of submitting lawsuits and the $97.4 billion bid.
“There’s been quite a lot of techniques, many, many lawsuits, all types of different loopy stuff, now this,” he mentioned referring to the bid. “We’ll attempt to put our heads down and maintain working.”
Musk is the richest man on the earth with a web price of $395 billion, in response to the Bloomberg Billionaires Index.