Altman Rejects Musk's $97.4 Billion Bid Amidst Ongoing AI Rivalry

Generated by AI AgentWord on the Street
Tuesday, Feb 11, 2025 8:01 am ET1min read
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OpenAI's CEO, Sam Altman, has firmly dismissed Elon Musk's recent acquisition proposal, suggesting that Musk's intentions are to hinder the development of OpenAI. In a recent interview at the Paris AI Summit, Altman expressed skepticism over Musk’s motives, citing a history of contentious interactions between the two. He commented, "I think he's trying to slow us down because he's a competitor. I'd rather he competed by building a better product." This incident is the latest in a series of disputes between the two prominent figures in the tech industry.

Altman further criticized Musk, suggesting that insecurity might be driving his actions. He emphasized that OpenAI has no intention of selling, regardless of the offered $97.4 billion from Musk's consortium. The CEO reiterated OpenAI's commitment to its core mission, which he believes is non-negotiable and not for sale.

Previously, Musk and Altman's disagreements largely stemmed from divergent visions for OpenAI’s future, with Musk expressing concerns over the company deviating from its original non-profit charter. The antagonism between the two has been public and protracted, marked by legal challenges and verbal spars, often reflecting larger conversations about the role and trajectory of artificial intelligence within societal and ethical contexts.

This latest conflict underscores the ongoing tension in the rapidly evolving AI sector, where competition is fierce and stakes are high. As OpenAI continues to drive innovation in AI technologies, Altman remains steadfast in navigating the challenges posed by both external acquisition attempts and internal growth dynamics. The unfolding narrative between Altman and Musk suggests deeper undercurrents in the tech world, pivotal in shaping the future landscape of AI development.

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