the sun malaysia ipaper logo 150x150
Saturday, July 25, 2026
25.3 C
Kuala Lumpur
the sun malaysia ipaper logo 150x150

Altman says OpenAI ‘not for sale’ after Musk’s $97 billion bid

PARIS: Artificial intelligence developer OpenAI is “not for sale”, chief executive Sam Altman said in Paris Tuesday in response to a reported $97.4 billion bid from competitor Elon Musk.

“OpenAI has a mission… of making AGI benefit all of humanity,“ Altman told a tech business event on the sidelines of the Paris AI summit, referring to an artificial general intelligence that would be smarter than a human in all areas.

“We are not for sale,“ he added, reiterating the ChatGPT maker’s message throughout the day in response to the takeover bid from Musk.

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

The Tesla, SpaceX and OpenAI challenger xAI chief’s intervention comes as OpenAI is raising cash and transforming itself into a for-profit entity.

OpenAI’s Chief Global Affairs Officer Chris Lehane had earlier said Musk’s offer came from a competitor “who has struggled to keep up with the technology and compete with us in the marketplace”.

Altman said that the economic potential of AI made the present a “moment that I’ve never seen before”.

“Maybe it was like this at the beginning of the Industrial Revolution. Maybe it was like this at the beginning of the internet,“ he added.

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

Trump orders disclaimer signs outside museum of American history

The order calls on federal officials to "install temporary signage" on public walkways outside the building to "notify visitors that the Museum exhibits should be renovated" to reflect "accurate information regarding America's history."

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings