‘OpenAI is not for sale’: Sam Altman rejects Elon Musk’s bid

Post by: Pratik Kumar

Photo : Instagram / @jeffreyklump

OpenAI boss Sam Altman has said no to Elon Musk’s big offer of $97.4 billion to buy the company. He made it clear that OpenAI is not for sale. Speaking at a meeting in Paris, Altman said Musk has tried many times to take control of OpenAI. He said the company’s purpose is more important than money and that Musk is just trying to win after losing in the AI race.

Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel  

Altman also replied to Musk’s offer in a playful way on social media. He joked that instead of selling OpenAI, they might buy Twitter for $9.74 billion. This was seen as a dig at Musk, who owns Twitter (now called X) and has faced problems running it since he bought it in 2022.

Musk’s offer comes at a time when OpenAI is making big changes. The company started as a nonprofit but later created a for-profit business to get funding and grow. Musk has been against this change, saying OpenAI is no longer open and has become too close to Microsoft. Microsoft has given OpenAI a lot of money and now uses its AI in products like ChatGPT.

Musk was one of the founders of OpenAI in 2015, but he left in 2018. Since then, he has often spoken against the company’s choices. He even went to court, saying OpenAI is not following its original plan. Many people believe Musk’s offer to buy OpenAI is just another way for him to take control and fight against the company.

Meanwhile, OpenAI is moving forward with its plans. In December, it said it would separate its nonprofit board from its for-profit business. Some news reports have said OpenAI’s value is still being decided. Altman confirmed that the board is working on this and said building a strong company takes time.

Musk’s offer also comes when AI companies are competing hard. His own AI company, xAI, is growing fast, with big investors supporting it. Musk wants xAI to compete with OpenAI, Google DeepMind, and other AI companies. He says AI should be open and available to everyone.

Even with Musk’s offer and court fight, OpenAI is still moving ahead. The company is talking to investors to raise more money, and it might soon be worth $300 billion. Reports say SoftBank is thinking of investing $25 billion. Governments are also keeping an eye on OpenAI as it grows bigger.

Musk’s bid to buy OpenAI has created a lot of talk, but it seems the company will not change its path. Altman has made it clear that OpenAI will continue its work without Musk. For now, OpenAI is staying independent and focused on building the future of AI.

#trending #latest #OpenAI #SamAltman #ElonMusk #AI #TechNews #ArtificialIntelligence #AIIndustry #Microsoft #TechUpdate #Innovation #FutureOfAI #AIWar #TechBattle #AIInvestments #StartupNews #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn #bestnewschanneldubai #bestnewschannelUAE #bestnewschannelabudhabi #bestnewschannelajman #bestnewschannelofdubai #popularnewschanneldubai