Altman says OpenAI ‘not on the market’ after Musk’s $97 bn bid

February 11, 2025

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Altman says OpenAI 'not on the market' after Musk's $97 bn bid

OpenAI CEO Sam Altman responded to a takeover offer by Elon Musk, who helped found the company
OpenAI CEO Sam Altman responded to a takeover supply by Elon Musk, who helped discovered the corporate.

Synthetic intelligence developer OpenAI is "not on the market", chief govt Sam Altman mentioned in Paris Tuesday in response to a reported $97.4 billion bid from competitor Elon Musk.

"OpenAI has a mission… of constructing AGI profit all of humanity," Altman advised a tech enterprise occasion on the sidelines of the Paris AI summit, referring to a man-made normal intelligence that will be smarter than a human in all areas.

"We aren’t on the market," he added, reiterating the ChatGPT maker's message all through the day in response to the takeover bid from Musk.

The Wall Road Journal reported late Monday that Musk, a co-founder of OpenAI, had made his $97.4 billion supply to the board.

The Tesla, SpaceX and OpenAI challenger xAI chief's intervention comes as OpenAI is elevating money and reworking itself right into a for-profit entity.

OpenAI's Chief International Affairs Officer Chris Lehane had earlier mentioned Musk's supply got here from a competitor "who has struggled to maintain up with the expertise and compete with us within the market".

Altman mentioned that the financial potential of AI made the current a "second that I've by no means seen earlier than".

"Perhaps it was like this at the start of the Industrial Revolution. Perhaps it was like this at the start of the web," he added.

© 2025 AFP

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