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Elon Musk Accuses OpenAI CEO Sam Altman Of Lying Over $10B Equity: 'What A Liar'

Benzinga LogoBenzinga1d ago

Elon Musk Accuses OpenAI CEO Sam Altman Of Lying Over $10B Equity: 'What A Liar' - Benzinga

Quick Summary:

The tech mogul, sharing a Reuters report from September 2024, said, “Altman literally testified to Congress that he wouldn’t get OpenAI compensation, and now he wants $10 billion! What a liar.” Altman literally testified to Congress that he wouldn't get OpenAI compensation and now he wants $10 billion! What a liar.— Elon Musk (@elonmusk) January 23, 2025 OpenAI, initially a non-profit organization, is now transitioning to a for-profit model.

CEO Elon Musk earlier this week leveled allegations against OpenAI CEO Sam Altman, accusing him of misleading statements about a $10 billion equity agreement.

This shift will see Altman receiving equity in the company, potentially valued at up to $150 billion.


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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-25 @ 03:19:36 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 484 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25416226

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