Sam Altman Rejects Elon Musk's $97.4 Billion Bid for OpenAI, Suggests Intent to Hinder Progress

Feb 12, 2025 - 21:30
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Sam Altman Rejects Elon Musk's $97.4 Billion Bid for OpenAI, Suggests Intent to Hinder Progress
Sam Altman Rejects Elon Musk's $97.4 Billion Bid for OpenAI, Suggests Intent to Hinder Progress

Sam Altman Rejects Elon Musk's $97.4 Billion Bid for OpenAI, Suggests Intent to Hinder Progress

OpenAI CEO Sam Altman has dismissed an unsolicited $97.4 billion takeover bid from Elon Musk and a group of investors, suggesting that the offer was intended to impede OpenAI's advancement rather than serve as a genuine acquisition proposal.

 Altman speculated that Musk's motivations could be to hinder OpenAI's progress and allow Musk's AI effort, xAI, to catch up.

 He further expressed skepticism about Musk's commitment to OpenAI's mission and values.

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