Sam Altman Reacts to Elon Musk’s $97.4B Bid for OpenAI: 'Not Taking It Seriously'
OpenAI CEO Sam Altman addresses Elon Musk's massive $97.4 billion proposal to acquire control over OpenAI's nonprofit, emphasizing skepticism and competition dynamics in the AI industry.
Highlights
- Sam Altman states OpenAI is not seriously considering Elon Musk's reported $97.4 billion takeover offer.
- Altman suggests Musk’s main goal might be to delay a competitor while advancing his own AI projects.
- The bid, led by Musk and investors, aims to control the nonprofit overseeing OpenAI.
OpenAI’s CEO, Sam Altman, has publicly responded to the news of Elon Musk and a group of investors proposing a $97.4 billion acquisition of the nonprofit entity that governs OpenAI, the creator of ChatGPT backed by Microsoft. Altman remarked that the offer is being taken "not particularly" seriously.
During a Paris AI conference, Altman engaged with reporters, sharing his thoughts on Musk’s intentions, stating, "I’m not sure, but it seems like an attempt to slow down a competitor so his own AI initiatives can catch up."
Context Behind the $97.4 Billion Offer
Reports indicate that Elon Musk, through his legal team, has submitted a $97.4 billion bid to gain control over OpenAI’s nonprofit structure. If successful, this could lead to a potential merger with Musk’s AI venture, xAI.
Altman further commented in an interview with Bloomberg that Musk’s approach appears more focused on competition tactics rather than innovation, mentioning numerous lawsuits and strategic moves that complicate the AI landscape.
Following the announcement, Altman humorously dismissed the offer on social media, even joking about acquiring Musk’s social media platform, X, for a fraction of the bid amount.
This development has raised questions about OpenAI’s future funding strategies and its plans to transition away from nonprofit status, as reported by major news outlets.
At the time of reporting, neither Musk’s legal representatives nor OpenAI have provided an official comment.
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