Elon Musk and Sam Altman are basically in a rap battle

Equity

TechCrunch

Founders, Silicon Valley, Finance, Ipo, Vc, Technology, Business News, Startups, Business, Venture Capital, News, Stock Market, Entrepreneurship, Techcrunch

4.2 • 365 Ratings

🗓️ 14 February 2025

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tensions are running high in the AI world this week after Elon Musk made a staggering $97.4 billion bid to buy OpenAI, a move that would mark one of the largest tech acquisitions in history – if it actually happens. Sam Altman shut the notion down fast, even going so far as to fire back with a post suggesting he’d buy X for a tenth of the price. But Musk’s bid itself does raise questions about potential roadblocks ahead for OpenAI. Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Max Zeff and Anthony Ha are breaking down the offer, the response, and what it means for the AI company’s future, plus other headlines from the week. Listen to the full episode to hear about: What you missed from the Paris AI Action Summit: who’s backing global AI opportunity and who’s calling it a missed opportunity. BNPL startup Tabby’s massive raise and $3.3 billion valuation, as well as its IPO ambitions in a turbulent fintech market. Archer Aviation’s $300 million boost, and why its eVTOL development is leaning into defense. Equity will be back with a new interview on Wednesday, so stay tuned! Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we'll talk to you next time. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is presented by Invest Puerto Rico.
0:03.6	If you believe your business can go anywhere, Puerto Rico is the place.
0:18.9	Hello and welcome back to Equity, TechCrunch's flagship podcast about the business of startups.
0:25.0	Today is Friday, February 14th. Happy Valentine's Day, everybody. I'm Kirsten Koresak,
0:30.9	transportation editor at TechCrunch. I'm Max Zeph, senior reporter at TechCrunch. And I'm Anthony
0:37.2	Ha, the weekend editor at TechCrunch.
0:39.1	All right.
0:39.6	We're all here.
0:40.7	Max, I thought of you the other day, because it was AI related, of course.
0:44.2	And I saw that the Reuters AI case has been settled.
0:48.7	Have you been following that case at all?
0:51.6	First off, I'm really devastated to hear that my name is just
0:55.7	associated with AI chatbots now. But yes, I did hear about it. So we haven't written about this,
1:01.5	but Thompson Reuters won an AI copyright lawsuit against a legal AI startup. And this is a big deal
1:09.0	in some ways because it's one of the first AI copyright lawsuits
1:13.1	where, you know, an AI system was basically found guilty for, you know, using someone else's
1:19.7	copyrighted material. But it doesn't use generative AI systems, which is a key distinction. So it
1:26.9	doesn't necessarily have huge implications for the New York Times case, that,
1:32.0	opening eyes case against New York Times, you know, meta's case with book authors.
1:36.5	So we'll still have to see how those play out.
1:38.3	But it's kind of a slight distinction there, but an important one between, you know,
1:43.2	simple AI systems and these
	...

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