13 minutes agoElon Musk offers 97.4 billion dollars to buy OpenAI, Sam Altman rejects it.
Periskopi(a year ago)
(a year ago)OpenAI Chief Executive Sam Altman has refused an offer of 97.4 billion dollars to sell the company that created ChatGPT. The unexpected offer was submitted by a consortium of investors led by Elon Musk. In response to the offer, Altman reacted with a post on the Musk social platform, “X”, saying: “No thanks, but [...]
In response to the offer, Altman reacted with a post on the Musk social platform, “X”, saying: “
Musk and Altman co-founded OpenAI in 2015 as a nonprofit company, but the relationship between them has deteriorated since Musk left the firm in 2018.
One of the reasons for tensions is the transformation of OpenAI into a profitable company that has been needed to secure funds for the development of more advanced artificial intelligence models, according to Altman, Euronews reports.
In a statement, Musk expressed support for OpenAI and said it is time for the company to become an open source force, focusing on security, as it once was.
The $ 97.4 billion bid is much lower than $157 billion, the company's assessment in the latest round of funding in October last year, while talks on another round of financing now estimate it at $300 billion.
Musk's lawyer voiced support for the offer he made, calling it an excellent opportunity to protect and develop OpenAI technology.
Besides offering for OpenAI, Musk is also co-operating with Oracle and a Japanese investment firm to help build an advanced US artificial intelligence infrastructure, estimated at $500 billion.
