{"id":12567,"date":"2025-02-11T21:17:12","date_gmt":"2025-02-11T21:17:12","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12567"},"modified":"2025-02-11T21:17:12","modified_gmt":"2025-02-11T21:17:12","slug":"sam-altman-v-s-elon-musk-a-97-4-billion-standoff-over-openai","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12567","title":{"rendered":"Sam Altman v\/s Elon Musk: A $97.4 Billion Standoff Over OpenAI"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">In the past 24 hours, the internet has seen the rivalry between Elon Musk and Sam Altman, co-founders of OpenAI, unfold.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Musk, now leading a consortium of investors, has made a staggering $97.4 billion bid to acquire OpenAI,<\/span><span style=\"font-weight: 400\"> an American Artificial Intelligence (AI) research organization founded in December 2015. <\/span><span style=\"font-weight: 400\">Importantly, OpenAI is the AI powerhouse behind ChatGPT.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, OpenAI CEO Altman swiftly rejected the offer, escalating a long-standing feud between the tech titans over the future direction of AI development.<\/span><\/p>\n<p>On 11 February 2025, Altman gave an interview to <a href=\"https:\/\/www.youtube.com\/watch?v=vxgfMoXDBLc\" target=\"_blank\" rel=\"noopener nofollow\">Bloomberg TV <\/a>at the Paris AI Action Summit. \u201cElon tries all sorts of things for a long time. This is the latest \u2014 you know, this week\u2019s episode,\u201d he said. \u201cI think he\u2019s probably just trying to slow us down.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\u201cI wish he would just compete by building a better product,\u201d Sam Altman says of <a href=\"https:\/\/twitter.com\/elonmusk?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@elonmusk<\/a> in an interview with <a href=\"https:\/\/twitter.com\/TomMackenzieTV?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@TomMackenzieTV<\/a>.<\/p>\n<p>\u201cProbably his whole life is from a position of insecurity, I feel for the guy\u2026 I don&#8217;t think he&#8217;s, like, a happy person.\u201d <a href=\"https:\/\/t.co\/YhUmmW5iNe\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/YhUmmW5iNe<\/a><\/p>\n<p>\u2014 annmarie hordern (@annmarie) <a href=\"https:\/\/twitter.com\/annmarie\/status\/1889277888932782571?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 11, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/sam-altmans-worldcoin-spikes-40-after-bullish-token-unlock-announcement\/\" rel=\"bookmark\">Sam Altman\u2019s Worldcoin Spikes 40% After Bullish Token Unlock Announcement<\/a><\/strong><\/p>\n<h2><strong>\u201cWe will buy Twitter for $97.4 billion,\u201d Says Altman\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Musk\u2019s unsolicited offer aims to take control of OpenAI\u2019s non-profit entity, which oversees its for-profit operations. Furthermore, he<\/span><span style=\"font-weight: 400\">\u00a0claims his intent is to steer the organization back to its original mission of open-source AI development and public benefit.<\/span><\/p>\n<p><span style=\"font-weight: 400\"> \u201cIt\u2019s time for OpenAI to return to being the open-source, safety-focused force it was meant to be,\u201d Musk said through his attorney Marc Toberoff.<\/span><\/p>\n<p>Replying to this, Altman said, \u201cNo thank you but we will buy Twitter for $97.4 billion if you want.\u201d<\/p>\n<p><span style=\"font-weight: 400\">Altman accused Musk of attempting to disrupt OpenAI\u2019s progress out of competitive insecurity. \u201cI think he\u2019s probably just trying to slow us down,\u201d Altman said. He also took a personal jab at Musk, stating, \u201cI don\u2019t think he\u2019s a happy person. I feel for him.\u201d Altman further emphasized that OpenAI remains committed to its mission and is not for sale.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">no thank you but we will buy twitter for $9.74 billion if you want<\/p>\n<p>\u2014 Sam Altman (@sama) <a href=\"https:\/\/twitter.com\/sama\/status\/1889059531625464090?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 10, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/union-groups-sue-us-treasury-over-elon-musks-access-to-sensitive-financial-data\/\" rel=\"bookmark\">Union Groups Sue US Treasury Over Elon Musk\u2019s Access To Sensitive Financial Data<\/a><\/strong><\/p>\n<h2>An Age Old Rivalry<\/h2>\n<p><span style=\"font-weight: 400\">The tension between Musk and Altman dates back to 2018 when Musk left OpenAI after an internal power struggle over leadership.\u00a0<\/span><span style=\"font-weight: 400\">Since then, their rivalry has intensified as both have pursued competing visions for AI.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Musk launched his own AI venture, xAI, in 2023 as a direct competitor to OpenAI.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Musk has repeatedly criticized OpenAI for deviating from its original nonprofit mission by creating a for-profit subsidiary in 2019 and securing billions in investments from Microsoft.\u00a0<\/span><span style=\"font-weight: 400\">He has accused the organization of prioritizing profit over safety and transparency in AI development.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">These criticisms have been accompanied by legal actions; Musk filed lawsuits against OpenAI in 2024 alleging breaches of competition laws and racketeering practices.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Altman has countered these claims by highlighting the necessity of commercialization to fund expensive AI research and development.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Under his leadership, OpenAI has grown into one of the most valuable private companies globally, with technologies like ChatGPT and DALL-E driving its success.<\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/sam-altman-v-s-elon-musk-a-97-4-billion-standoff-over-openai\/\">Sam Altman v\/s Elon Musk: A $97.4 Billion Standoff Over OpenAI<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the past 24 hours, the internet has seen the rivalry between Elon Musk and Sam Altman, co-founders of OpenAI, unfold.\u00a0 Musk, now leading a consortium of investors, has made a staggering $97.4 billion bid to acquire OpenAI, an American Artificial Intelligence (AI) research organization founded in December 2015. Importantly, OpenAI is the AI powerhouse [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12567","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12567"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12567\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}