A consortium of investors led by Tesla CEO Elon Musk made a staggering bid of $97.4 billion to acquire OpenAI's non-profit parent. Rejecting the unsolicited offer, OpenAI CEO Sam Altman responded with a sassy remark offering to buy Twitter for $9.74 billion. Musk hit back calling Altman a "swindler" and shared a video dubbing him as "Scam Altman". This development comes amid the news of China's DeepSeek's AI model rivalling OpenAI's ChatGPT 4, triggering a massive drop in stocks of key chip manufacturers and wiping off over $1 trillion in market cap. OpenAI had recently announced the ambitious Stargate project backed by Microsoft and SoftBank to build advanced AI infrastructure in the US. Despite facing backlash for his remarks on India's ability to build large language models, Altman clarified during his visit to India that the country has the potential to become a leader in this area.
Elon Musk and Sam Altman's Feud over OpenAI
In a recent turn of events, Tesla CEO Elon Musk and OpenAI CEO Sam Altman have engaged in a public feud over the potential acquisition of OpenAI by Musk.
Background
The Acquisition Offer and Altman's Response
In December 2022, a consortium led by Elon Musk offered $97.4 billion to acquire OpenAI's non-profit parent company. However, Altman rejected the offer and responded with a "sassy" remark, offering to buy Twitter for $9.74 billion.
Musk's Response and Escalation
Musk responded by calling Altman a "swindler" and sharing a video dubbing him as "Scam Altman." This public feud has put OpenAI in the spotlight and raised questions about the company's future direction.
Impact on OpenAI and the AI Industry
The feud between Musk and Altman comes amid other significant developments in the AI industry:
Top 5 FAQs on Elon Musk and Sam Altman's Feud and OpenAI
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