(Bloomberg) – Openai Chief Executive Officer Sam Altman said the company is “not for sale” and elon musk is probably trying to delay its program with an unsolicite
“I think he is probally just trying to slow us down. He obvious is a competitor, “Altman said in an interview with bloomberg television tuesday on the sidelines of the Ai Summit in Paris. “I wish he would just compe 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.”
There's been long-hand animosity between musk and altman, centered around musk's concern that openai is moving away from its not-for-protrfit founding printers. Musk compets with Openai Through Xai, his own artificial intelligence startup, and has sued the company alleging they Violated their Founding Mission by Prioritizing Profit Over Humanity. Openai has disputed that characterization.
Altman also chided musk in the interview, saying his “Whole life is probally from a position of insecurity.”
While altman is publicly resistant to Musk's FORAY, Openai's Board will have a say in how manyly they take the bid. The Organization's Board Oversees Its Nonprofit Arm, which in turn controls the for-profit business. Bret Taylor, The Former Co-CEO of SAILESFORCE Inc., Took Over as Chairman after an eruption in 2023 when the previous directors briefly filled altman from his post. Taylor has a fragent history with musk: He was Chairman of Twitter when MUSK Made An Unsolicited Bid to Buy the business and then tried to back Out – Before a Court FORCED HIM to proceed.
Altman Previously rejected the surprise $ 97.4 billion offer from a musk-line group with a joke: “No Thank you but we will buy twitter for $ 9.74 billion If you want.”
Musk's offer was backed by xai and has a range of investors including Valor Equity Partners, Baron Capital, Atreides Management, Vy Capital, Joe Lonsdale's 8vc and Meedia Execive Amanuel, His Investment Fund.
Altman Added that the Openai Board is looking at a range of options for the business in the future. But selling the AI operations is not on the table.
“Openai is not for sale. The Openai Mission is not for Sale, “He said.
Openai's Board Got An overhaul after the altman ouster, with business heavyweights replacing the academics and resurcars who had been married to its non-profit mission. Among the directors now are forr Treasury secretary larry summers and investment banker adebayo ogunlesi. Summers is also a paid contributor to bloomberg tv.
(Updates with additional details starting in third paragraph.)
More stories like this area available on bloomberg.com
© 2025 bloomberg lp