City
Epaper

"Don't think he is a happy person...": Sam Altman takes dig at Elon Musk over OpenAI bid

By ANI | Updated: February 12, 2025 00:40 IST

Washington DC [US], February 12 : OpenAI CEO Sam Altman on Tuesday took a jab at Elon Musk, who ...

Open in App

Washington DC [US], February 12 : OpenAI CEO Sam Altman on Tuesday took a jab at Elon Musk, who reportedly offered to buy the artificial intelligence startup's assets for USD 97.4 billion, accusing the Tesla CEO of acting from a "position of insecurity."

"Probably his whole life is from a position of insecurity," Altman said during an interview with Bloomberg Television on the sidelines of the Paris AI Summit. "I feel for the guy. I don't think he's a happy person," he added in comments cited by multiple US publications, including the New York Post and the Hill.

According to the New York Post, Altman reiterated that OpenAI is "not for sale" after Musk and a group of investors made an unsolicited offer. "The company is not for sale. It's another one of his tactics to try to mess with us," he said.

When asked what Musk wants out of the deal during the Bloomberg Television interview, OpenAI CEO said, "He's probably just trying to slow us down."

On Monday, The New York Times reported that a group of investors led by Musk made a USD 97.4 billion bid to acquire OpenAI's assets. In response, Altman took a jibe at the offer on X, saying, "No thank you, but we will buy Twitter for $9.74 billion if you want."

Musk responded by calling Altman a "swindler."

https://x.com/sama/status/1889059531625464090

According to the New York Post, Musk's attorney Marc Toberoff said that Musk had secured backing from several prominent investors, including venture firms such as Joe Lonsdale's 8VC, Valor Equity Partners, Baron Capital, Atreides Management, and Vy Capital, as well as Endeavor CEO Ari Emanuel.

In a statement, Musk said it was "time for OpenAI to return to the open-source, safety-focused force for good it once was," the publication reported.

The Wall Street Journal first reported news of the offer. Meanwhile, The New York Times, citing a source familiar with OpenAI's response, reported that the company has not yet reviewed Musk's bid.

This unsolicited offer could potentially disrupt OpenAI's efforts to finalise a USD 40 billion funding deal, which would significantly increase the company's valuation from just four months ago.

The new funding round, led by Japanese conglomerate SoftBank, is expected to value OpenAI at USD 300 billion, according to three sources familiar with the deal who spoke on the condition of anonymity.

If completed, this deal would place OpenAI among the most valuable private companies globally, alongside Musk's SpaceX and ByteDance, the parent company of TikTok, according to The New York Times.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalOdisha: Court sentences man to 20 yrs RI for sexually assaulting minor girl

Other SportsPro Panja League: Arsh Virk vs Rino Thomas makes history as first 5-round main card encounter

NationalUttar Pradesh Shocker: 85-Year-Old Man Injured After Bull Attack in Baghpat, CCTV Footage Surfaced

NationalTelangana BJP MP Raghunandan Rao again receives threat call

NationalOnline betting racket worth crores busted; 6 arrested

International Realted Stories

InternationalNot occupying, going to free Gaza from Hamas: Netanyahu

InternationalPredicted geomagnetic disturbance has begun on Earth

InternationalUAE: DEWA's profit after tax hits AED2.9 billion

InternationalMoHESR sets 11 August as deadline for students to accept or reject university offers

InternationalUAE expands lifesaving support to Gaza with 66th relief airdrop