"Don't think he is a happy person...": Sam Altman takes dig at Elon Musk over OpenAI bid
Sam Altman Criticizes Elon Musk's $97.4 Billion Offer for OpenAI
In Washington DC, OpenAI CEO Sam Altman recently criticized Elon Musk for his attempt to buy OpenAI's assets for $97.4 billion. Altman suggested that Musk's actions stem from insecurity, stating, "Probably his whole life is from a position of insecurity." Altman made these remarks during an interview at the Paris AI Summit.
Altman emphasized that OpenAI is "not for sale," dismissing Musk's offer as a tactic to disrupt the company. He humorously responded to Musk's bid by suggesting OpenAI could buy Twitter for $9.74 billion instead. Musk, in turn, called Altman a "swindler."
Musk's offer was backed by several investors, including Joe Lonsdale's 8VC and Valor Equity Partners. Musk expressed a desire for OpenAI to return to its open-source roots. However, OpenAI has not yet reviewed the bid, as it is focused on finalizing a $40 billion funding deal led by SoftBank, which could value the company at $300 billion.
This new funding round could make OpenAI one of the most valuable private companies, alongside Musk's SpaceX and ByteDance, the parent company of TikTok.
Doubts Revealed
Sam Altman
Sam Altman is the CEO of OpenAI, a company that works on artificial intelligence. He is known for his leadership in technology and innovation.
Elon Musk
Elon Musk is a famous entrepreneur who leads companies like Tesla and SpaceX. He is known for his ambitious projects and interest in technology.
$97.4 Billion Offer
This is a huge amount of money that Elon Musk offered to buy OpenAI. It's like having a lot of money to buy something very expensive.
OpenAI
OpenAI is a company that creates advanced computer programs that can learn and think like humans. They work on making artificial intelligence safe and useful.
Insecurity
Insecurity means feeling unsure or not confident about something. Sam Altman suggested that Elon Musk might be feeling this way about OpenAI.
Open-source roots
Open-source means sharing the code of a program so anyone can see, use, or improve it. Musk wants OpenAI to be more open like it was in the beginning.
SoftBank
SoftBank is a big company from Japan that invests in technology companies. They are leading a funding deal for OpenAI.
$40 billion funding deal
This is a large amount of money that OpenAI is trying to raise from investors to grow and develop more technology.
$300 billion valuation
This means that OpenAI could be worth $300 billion, which is a lot of money, making it one of the most valuable private companies in the world.
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