Musk’s $97.4 billion for OpenAI goals to ‘decelerate a competitor,’ Sam Altman says

OpenAI CEO Sam Altman visits “Making Cash With Charles Payne” at Fox Enterprise Community Studios in New York on Dec. 4, 2024.

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PARIS — Elon Musk goals to “decelerate a competitor” when the investor group he led put ahead a $97.4 billion proposal for management of OpenAI, the corporate’s CEO Sam Altman informed CNBC on Tuesday.

Requested how critically he’s taking Musk’s bid, which Altman beforehand declined in a X social media submit, the OpenAI chief mentioned: “Not notably.”

“I believe it is to decelerate a competitor and meet up with his factor, however I do not actually know … to the diploma anyone does,” Altman added, in response to a different reporter’s questions on the sidelines of the AI Motion Summit in Paris.

CNBC has reached out to Toberoff, Tesla and X for remark.

Elon Musk is main a gaggle of buyers in providing to purchase management of OpenAI for $97.4 billion, CNBC confirmed on Monday. The provide is for the nonprofit that oversees the factitious intelligence startup behind ChatGPT.

“It is time for OpenAI to return to the open-source, safety-focused drive for good it as soon as was,” Musk’s lawyer Marc Toberoff mentioned, including that he submitted a proposal on Monday.

Musk has his personal AI firm known as xAI which is behind the chatbot Grok.

– CNBC’s Ari Levy and Lora Kolodny contributed to this report.

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