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Altman snubs Musk-led group's $97.4-billion offer for OpenAI
Financial Express Delhi
|February 12, 2025
TESLA BOSS RECENTLY CRITICISED A $500-BN PROJECT LED BY CHIP GIANT
A consortium led by Elon Musk said that it has offered $97.4 billion to buy the nonprofit that controls OpenAI, another salvo in the billionaire's fight to block the artificial intelligence startup from transitioning to a for-profit firm.
Musk's bid is likely to ratchet up longstanding tensions with OpenAI CEO Sam Altman over the future of the ChatGPT maker at the heart of a boom in generative AI technology. Altman on Monday promptly posted on X: "No thank you but we will buy twitter for $9.74 billion if you want."
Musk co-founded OpenAI with Altman in 2015 as a non-profit, but left before the company took off. He founded the competing AI startup xAI in 2023.
Dit verhaal komt uit de February 12, 2025-editie van Financial Express Delhi.
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