OpenAI CEO clarifies comments taken out of context to Tech Mahindra CEO

OpenAI CEO Sam Altman has clarified that his comments on competing with the company have been taken out of context. Speaking at the ET Conversations event, Altman had replied to a question from Peak XV Partners managing director Rajan Anandan stating that it was totally hopeless to compete with us (OpenAI) on training foundation models, citing a hypothetical scenario in which three engineers with $10 million try to emulate the achievement. In response to this, Tech Mahindra MD and CEO CP Gurnani tweeted, Dear @sama, from one CEO to another… challenge accepted, citing Altman’s comment. Altman has since clarified his statement, saying that it was taken out of context and that his comments related specifically to competing with OpenAI with a limited budget. He added that he has no doubt Indian startup founders can achieve something new that will contribute a new thing to the world, and that the question should be, what a startup can do that’s never been done before.