Washington:
The OpenAi CEO, Sam Altman, received a blow to Elon Musk, who, according to the reports, offered to buy the assets of the artificial intelligence startup by USD 97.4 billion, accusing the CEO of Tesla to act from a “insecurity position “
“Probably his whole life is a position of insecurity,” Altman said during an interview with Bloomberg Television outside the AI Summit in Paris. “I feel for the guy. I don’t think it’s a happy person,” he added in the comments cited by several US publications, including The New York Post and The Hill.
According to the New York Postman, Altman reiterated that Operai “is not for sale” after Musk and a group of investors made an unre requested offer. “The company is not on sale. It is another of its tactics to try to mess with us,” he said.
When asked what Musk wants out of the deal during the Bloomberg television interview, Operai’s CEO said: “He is probably only trying to stop.”
On Monday, the New York Times reported that a group of investors led by Musk made an offer of USD 97.4 billion to acquire Openai assets. In response, Altman took a mockery in the offer in X, saying: “No thanks, but we will buy Twitter for $ 9.74 billion if you wish.”
Musk responded by calling Altman a “scammer.”
No, thanks, but we will buy Twitter for $ 9.74 billion if you want
– Sam Altman (@sama) February 10, 2025
According to the New York Post, Musk’s lawyer, Marc Uberooff, said Musk had obtained the support of several prominent investors, including risk companies such as the 8VC of Joe Lonsdale, Equity Partners value, capital baron, dightens Management and Vy Capital, as well as the CEO of Endeavor CEOVOR CEOVOR. Ari Emanuel.
In a statement, Musk said it was “time for Openai to return to the open source force and security focused forever,” the publication said.
The Wall Street Journal first reported news of the offer. Meanwhile, the New York Times, citing a source familiar with Operai’s response, reported that the company has not yet reviewed Musk’s offer.
This unre requested offer could potentially interrupt Openai’s efforts to finish a USD 40 billion financing agreement, which would significantly increase the company’s valuation for only four months.
The new financing round is expected to be directed by the Japanese conglomerate SoftBank, Value OpenAi in USD 300 billion, according to three sources familiar with the agreement that spoke under condition of anonymity.
If it is completed, this agreement will place Openai among the most valuable private companies, together with Spacex and Bytedance de Musk, the Tiktok parent company, according to the New York Times.
(Except for the headline, this story has not been edited by NDTV staff and is published from a union feed).
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