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Altman Calls Musk’s $97.4 Billion Offer to Buy OpenAI a Slowdown Attempt

Altman Calls Musk's $97.4 Billion Offer to Buy OpenAI a Slowdown Attempt

OpenAI CEO Sam Altman recently spoke at the AI Action Summit in Paris, addressing Elon Musk’s unexpected bid of $97.4 billion for OpenAI’s nonprofit organization. Altman viewed this offer as a move designed to “slow [OpenAI] down,” highlighting the competitive nature of the relationship between Musk and OpenAI. 

He emphasized that Musk, who has secured significant funding for his AI venture, xAI, is actively trying to compete technologically with OpenAI. In a candid moment, Altman expressed his thoughts on Musk’s character, suggesting that Musk’s actions stem from a place of insecurity and might indicate unhappiness in his life. 

Following Musk’s offer, Altman promptly communicated his rejection publicly, signaling that this bid is unlikely to gain support from OpenAI’s board. Larry Summers, a member of the OpenAI board, confirmed in a subsequent interview that he has not received any official details regarding Musk’s proposal beyond what has been reported in the media. 

Despite the strong rejection from Altman, it appears that the board has not completed a formal process to officially dismiss the offer, suggesting that there may be further discussions or considerations to come. 

Nevertheless, the overarching sentiment from OpenAI remains clear: they are focused on their mission and view Musk’s bid as a strategic attempt to disrupt their progress in the AI field. As the dialogue continues, it will be interesting to observe how this situation evolves and what it means for the future of AI development and competition among these leading technology figures.

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