OpenAI CEO's Response to Elon Musk's Acquisition Offer

TRÍ MINH (THEO techcrunch) |

OpenAI CEO Sam Altman said Elon Musk's acquisition offer was an attempt to "hold back" the company.

Speaking at the AI ​​Action Summit in Paris, OpenAI CEO Sam Altman dismissed Elon Musk's $97.4 billion offer to buy the nonprofit that controls OpenAI, calling it "an attempt to slow us down."

“Musk is clearly a competitor. He’s raised a lot of money for his AI company xAI and they’re trying to compete with us on the technology side,” Altman said.

Altman almost immediately rejected Musk’s offer in a public post earlier, and it’s likely that OpenAI’s board will also formally reject the deal, though it may not happen immediately.

Larry Summers, a member of the OpenAI board of directors, also said he had not received "any official information about this proposal other than media reports."

Earlier, a group of investors led by Elon Musk made a $97.4 billion offer to buy the nonprofit that controls OpenAI. Observers said the proposed acquisition could increase tensions between Musk and OpenAI CEO Sam Altman.

TRÍ MINH (THEO techcrunch)
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