• 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
Intel stock surges as Vance pledges to protect US AI technology, boost domestic production
next post
Chinese EV makers NIO, Xpeng, Li Auto see shares slip up to 6% after BYD’s new partnership with DeepSeek

related articles

Asian markets close: Nikkei, Kospi down; Sensex closes...

May 19, 2025

Qualcomm unveils AI chips for data centres with...

May 19, 2025

Best crypto to buy now: Bitcoin Pepe leads...

May 19, 2025

JPMorgan cuts Netflix rating, citing balanced risk-reward post-rally;...

May 19, 2025

Bitcoin ETF open interest dips 5% to $29.47B...

May 19, 2025

US stocks slip in the red on Monday:...

May 19, 2025

Should Klarna IPO remain on watch list after...

May 19, 2025

Why this brokerage downgraded UnitedHealth’s rating to ‘hold’

May 19, 2025

Nvidia opens NVLink Fusion ecosystem, expands Taiwan footprint...

May 19, 2025

Cathie Wood says Trump’s tariffs could unlock tech...

May 19, 2025
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

  • Abortion pill mifepristone sparks new pro-life debate as some doctors stress safety concerns

    February 4, 2025
  • IBM pledges $150 billion to boost U.S. tech growth, computer manufacturing

    April 29, 2025
  • Trump issues ‘last warning’ to Hamas terrorists, demands release of hostages: ‘HELL TO PAY’

    March 6, 2025
  • EXCLUSIVE: GOP moves to defund ‘chronically biased’ NPR, PBS after disastrous hearing

    March 27, 2025
  • Russian-American ballerina Ksenia Karelina released in prisoner swap with Moscow

    April 10, 2025

Popular Posts

  • 1

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

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,745)
  • Investing (624)
  • Stock (775)

Latest Posts

  • Harris’ favorability sees dramatic spike after Biden drops out: poll

    July 28, 2024
  • AUDUSD and AUDNZD: AUDUSD near new weekly high

    August 16, 2024
  • Dogecoin and Shiba Inu: Dogecoin pulled back to a new low

    August 6, 2024

Recent Posts

  • ApeCoin and the Akita Inu: ApeCoin trying to gain support

    August 28, 2024
  • Japanese eateries hike prices as tourist influx reaches record levels

    July 29, 2024
  • Johnson faces major leadership test as GOP wars over government shutdown

    September 13, 2024

Editor’s Pick

  • SCOOP: GOP Ukraine supporters alarmed after explosive Trump, Zelenskyy meeting

    February 28, 2025
  • FTC chair hopes Amazon, Facebook won’t get ‘sweetheart deal’ from Trump in antitrust cases

    January 8, 2025
  • Federal judge clears way for release of special counsel report on Trump election case

    January 13, 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