The battle between Elon Musk and Sam Altman is heating up. And we’re not just talking about personal remarks this time around.
A group led by Elon Musk offered to pay the nonprofit handling the operations of OpenAI. However, Sam Altman is not interested and even sends out a polite ‘no thank you’ note. If that was not enough, he offered to purchase Twitter after the dismissal.
The news comes just a month after Musk filed a lawsuit against Altman’s OpenAI, in an attempt to block the firm’s transition to a for-profit organization status.
This latest bid might be the final straw as the longstanding tensions between both organizations. Musk wants full control of a company that is thriving at its best during the era of the AI boom. The bid is supported by Elon Musk’s AI firm xAI which could combine with OpenAI after the deal as per a recently published report from the Wall Street Journal. The latter was the first to report Musk’s offer in the past.
Musk was the co-founder of OpenAI but chose to leave the organization before he took off to new heights of success. Instead, he chose to launch his own AI startup dubbed xAI two years back but it failed to get even close to the success of OpenAI.
Altman’s hilarious take on Musk’s offer came in the form of a post published on X. He offered to purchase Twitter for $9.7B if his archrival was interested in the bid. Both individuals are already busy in a continuous lawsuit. We’ve also seen Musk openly blast Altman’s Stargate project after Donald Trump resumed office for a second term. He called the project a waste of time as all investors involved lacked funding potential.
If that was not enough, he spoke about how OpenAI needed to focus more on the likes of being open-sourced and providing safety to users, which was the initial goal of the company. Musk (turned Harry Bōlz) and co got a little too personal after Altman dismissed the offer. They claimed that Altman was a huge scam while sharing the content of the CEO disclosing his meager salary on Capitol Hill.
OpenAI is working hard to transition and maintain its status of being a for-profit company, despite what others have to say. Altman has made it clear that this status is necessary for curating the best AI models today.
The lawsuit rolled out by Elon Musk against Altman claims the founders approached him for funding the company as the goal was to design AI to benefit humanity. Now, things have changed and the company is more focused on generating revenue and profits, more than anything else, Musk adds.
Even without the antitrust implications, a deal that huge would require Elon Musk and his team to raise huge funds. OpenAI stands at a current valuation of $157B in the latest round of funding shared last year in October. This makes it one of the world’s most valuable organizations in the private sector today. Furthermore, we’re seeing more investors such as SoftBank Group enter into serious talks for funding the company that could go up to $40B, which could make it stand at a valuation of $300B including other new funding sources.
Image: DIW-Aigen
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A group led by Elon Musk offered to pay the nonprofit handling the operations of OpenAI. However, Sam Altman is not interested and even sends out a polite ‘no thank you’ note. If that was not enough, he offered to purchase Twitter after the dismissal.
The news comes just a month after Musk filed a lawsuit against Altman’s OpenAI, in an attempt to block the firm’s transition to a for-profit organization status.
This latest bid might be the final straw as the longstanding tensions between both organizations. Musk wants full control of a company that is thriving at its best during the era of the AI boom. The bid is supported by Elon Musk’s AI firm xAI which could combine with OpenAI after the deal as per a recently published report from the Wall Street Journal. The latter was the first to report Musk’s offer in the past.
Musk was the co-founder of OpenAI but chose to leave the organization before he took off to new heights of success. Instead, he chose to launch his own AI startup dubbed xAI two years back but it failed to get even close to the success of OpenAI.
Altman’s hilarious take on Musk’s offer came in the form of a post published on X. He offered to purchase Twitter for $9.7B if his archrival was interested in the bid. Both individuals are already busy in a continuous lawsuit. We’ve also seen Musk openly blast Altman’s Stargate project after Donald Trump resumed office for a second term. He called the project a waste of time as all investors involved lacked funding potential.
If that was not enough, he spoke about how OpenAI needed to focus more on the likes of being open-sourced and providing safety to users, which was the initial goal of the company. Musk (turned Harry Bōlz) and co got a little too personal after Altman dismissed the offer. They claimed that Altman was a huge scam while sharing the content of the CEO disclosing his meager salary on Capitol Hill.
OpenAI is working hard to transition and maintain its status of being a for-profit company, despite what others have to say. Altman has made it clear that this status is necessary for curating the best AI models today.
The lawsuit rolled out by Elon Musk against Altman claims the founders approached him for funding the company as the goal was to design AI to benefit humanity. Now, things have changed and the company is more focused on generating revenue and profits, more than anything else, Musk adds.
Even without the antitrust implications, a deal that huge would require Elon Musk and his team to raise huge funds. OpenAI stands at a current valuation of $157B in the latest round of funding shared last year in October. This makes it one of the world’s most valuable organizations in the private sector today. Furthermore, we’re seeing more investors such as SoftBank Group enter into serious talks for funding the company that could go up to $40B, which could make it stand at a valuation of $300B including other new funding sources.
Read next: DeepSeek vs. ChatGPT: 21% Praise DeepSeek’s Performance, 36% Find ChatGPT More Helpful, But Pricing and Censorship Divide Users
