EconomyLens.com
No Result
View All Result
Wednesday, July 9, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

Altman says OpenAI ‘not for sale’ after Musk’s $97 bn bid

Emma Reilly by Emma Reilly
February 11, 2025
in Business
Reading Time: 3 mins read
A A
2
50
SHARES
622
VIEWS
Share on FacebookShare on Twitter

OpenAI CEO Sam Altman responded to a takeover offer by Elon Musk, who helped found the company. ©AFP

Paris (AFP) – Artificial intelligence developer OpenAI is “not for sale”, chief executive Sam Altman said in Paris Tuesday in response to a reported $97.4 billion bid from competitor Elon Musk.

Related

In Indonesia, a start-up captures coolants to stop global warming

Starbucks receives bids for stake in China business: US media

Lidl owes French rival $50 mn after ads ruled deceptive

Mattel launches Barbie doll with diabetes

United Airlines to resume US service to Tel Aviv

“OpenAI has a mission…of making AGI benefit all of humanity,” Altman told a tech business event on the sidelines of the Paris AI summit, referring to an artificial general intelligence that would be smarter than a human in all areas. “We are not for sale,” he added, reiterating the ChatGPT maker’s message throughout the day in response to the takeover bid from Musk.

The Wall Street Journal reported late Monday that Musk, a co-founder of OpenAI, had made his $97.4 billion offer to the board. The Tesla, SpaceX and OpenAI challenger xAI chief’s intervention comes as OpenAI is raising cash and transforming itself into a for-profit entity.

OpenAI’s Chief Global Affairs Officer Chris Lehane had earlier said Musk’s offer came from a competitor “who has struggled to keep up with the technology and compete with us in the marketplace”.

Altman said that the economic potential of AI made the present a “moment that I’ve never seen before”. “Maybe it was like this at the beginning of the Industrial Revolution. Maybe it was like this at the beginning of the internet,” he added.

© 2024 AFP

Tags: artificial intelligenceElon MuskOpenAI
Share20Tweet13Share4Pin5Send
Previous Post

Global stocks wobble, gold shines as tariff uncertainty looms

Next Post

Galeries Lafayette owner Ginette Moulin dies aged 98

Emma Reilly

Emma Reilly

Related Posts

Business

Celebs light up Schiaparelli to open Paris Haute Couture Week

July 7, 2025
Business

Demna to bow out at Balenciaga in Paris Haute Couture Week

July 7, 2025
Business

Modi and Milei meet in Argentina ahead of BRICS summit

July 5, 2025
Business

Second day of travel chaos as French air traffic controllers strike

July 6, 2025
Business

Joy riders give Paris bike share system a flat

July 3, 2025
Business

France fines Shein 40 mn euros over ‘deceptive’ sales practices

July 3, 2025
Next Post

Galeries Lafayette owner Ginette Moulin dies aged 98

US Fed chair says in no rush to tweak interest rate policy

Ford CEO says Trump policy uncertainty creating chaos

AI feud: How Musk and Altman's partnership turned toxic

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Japan’s sticky problem with Trump, tariffs and rice

July 9, 2025

Stocks mostly rise on trade deal optimism

July 9, 2025

Trump hits Brazil with 50% tariff, sets date for copper levy

July 9, 2025

Global stocks mostly up despite new Trump tariffs, Nasdaq at record

July 9, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.