Musk’s OpenAI Bid Is Sign of 'Insecurity,’ Altman Says

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OpenAI Chief Executive Officer Sam Altman rebuffed Elon Musk’s $97.4 billion offer to take control of the artificial-intelligence startup for the second time in less than a day, accusing the world’s richest man of making the bid just to gain a competitive advantage. “I think he is probably just trying to slow us down. He obviously is a competitor,” Altman said in an interview with Bloomberg Television Tuesday on the sidelines of the Paris AI summit. “I wish he would just compete by building a better product, but I think there’s been a lot of tactics, many, many lawsuits, all sorts of other crazy stuff, now this.” Musk and Altman were both co-founders of OpenAI, but Musk ultimately parted ways after disagreements over the direction of the company. He is now suing the startup behind ChatGPT for straying from its founding mission and prioritizing profit over the betterment of humanity. Musk has also established his own AI firm, xAI, that competes directly with OpenAI in developing models. Read more: https://www.bloomberg.com/news/articles/2025-02-11/altman-blasts-musk-s-purchase-offer-as-attempt-to-slow-openai?srnd=homepage-americas&sref=omvmmwIg -------- Subscribe to our YouTube channel: https://trib.al/KM4k5RA Subscribe to Bloomberg Originals: https://trib.al/dJv9Uw8 Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/@BloombergQuicktakeNow