• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Investing

Sam Altman shuts down Elon Musk’s OpenAI offer: ‘I have nothing to say, it’s ridiculous’

by February 12, 2025
written by February 12, 2025

OpenAI CEO Sam Altman has dismissed Elon Musk’s offer to buy the nonprofit that controls OpenAI, calling it “ridiculous” and reaffirming that the company is not for sale.

Speaking to Reuters on the sidelines of an AI summit in Paris, Altman responded bluntly when asked about Musk’s reported $97.4 billion bid.

“I have nothing to say. I mean, it’s ridiculous,” he said. He further claimed that Musk’s move was just another attempt to disrupt OpenAI, adding,

“The company is not for sale. It’s another one of his tactics to try to mess with us.”

Musk, who co-founded OpenAI with Altman in 2015 as a nonprofit, later parted ways with the company before its rise to prominence.

In 2023, he launched his own AI venture, xAI. The billionaire’s latest bid is seen as part of his broader efforts to challenge OpenAI’s shift toward a for-profit structure.

During his speech at the AI summit, Altman was again asked whether OpenAI was up for sale, to which he simply responded, “No, we are not for sale.”

Musk, the CEO of Tesla and owner of social media platform X, has frequently criticized OpenAI’s direction and leadership.

His latest bid signals continued tensions between him and Altman as competition in the AI space heats up.

The post Sam Altman shuts down Elon Musk’s OpenAI offer: ‘I have nothing to say, it’s ridiculous’ appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump’s aluminum tariffs may force Coca-Cola to use more plastic bottles
next post
Chinese EV makers NIO, Xpeng, Li Auto see shares slip up to 6% after BYD’s new partnership with DeepSeek

related articles

Evening digest: Bitcoin steadies, Goldman Sachs to start...

March 19, 2026

Figma stock falls as Google AI Stitch sparks...

March 19, 2026

Wall Street falls as oil surge fuels inflation...

March 19, 2026

European bulletin: central banks turn hawkish, Lamborghini profits...

March 19, 2026

OpenAI acquires Astral: is it enough to catch...

March 19, 2026

AI data center boom drives lithium demand as...

March 19, 2026

Analyst says SoundHound stock can double as CFO...

March 19, 2026

Tilray stock price has just lost a key...

March 19, 2026

Micron stock slips 5% after earnings: should you...

March 19, 2026

Is it too late to invest in Cheniere...

March 19, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Meta, Google face massive liability as ‘addicted kids’ trial continues in LA

    February 11, 2026
  • Trump and Harris poll in dead heat in NBC News survey as Election Day approaches

    October 14, 2024
  • House GOP subpoenas Biden aide to testify about former president’s concerning mental fitness

    July 15, 2025
  • The dollar index managed to stabilize and start a recovery

    August 7, 2024
  • Trump admin urges Supreme Court to allow president to fire Federal Trade Commission member

    September 5, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025

Categories

  • Economy (829)
  • Editor's Pick (8,376)
  • Investing (1,315)
  • Stock (981)

Latest Posts

  • Hamas reacts to Trump victory, says he must ‘work seriously to stop the war’ in Gaza

    November 6, 2024
  • Justice Department fires more than a dozen key officials on former Special Counsel Jack Smith’s team

    January 27, 2025
  • US-China trade talks and Washington’s decade-long effort to block China’s tech surge

    June 12, 2025

Recent Posts

  • Lawsuit accuses state department, DOJ of stonewalling FOIA requests regarding climate office personnel

    October 7, 2024
  • Havana Syndrome study halted as review finds some patients were coerced

    September 16, 2024
  • Trump nominee Tulsi Gabbard clears last hurdle, heads for final confirmation vote

    February 11, 2025

Editor’s Pick

  • S&P 500 and Nasdaq: The S&P 500 is up this morning

    August 30, 2024
  • Trump, Harris neck and neck as Dems lose ground among Latino, Black voters: poll

    October 21, 2024
  • Trump FDA pick clears last hurdle after flipping vaccine question on Dem in confirmation hearing

    March 26, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock