OpenAI says its board of directors ‘unanimously’ rejects Elon Musk’s bid
The Board of Directors of OpenAi has “unanimously” rejected the range of billionaire Elon Musk to buy the non -profit that OpenAi actually rules, the company said on Friday.
In one rack Shared via OpenAi’s press account on X, Bret Taylor, chairman of the board, called Musk’s Bod “an attempt to disturb his competition”.
“OpenAi is not for sale and the board has the last attempt by Mr. Musk to disrupt his competition, unanimously rejected,” Taylor said. “Every possible reorganization of OpenAi will strengthen our non -profit and its mission to ensure [artificial general intelligence] For the benefit of all humanity. “
The New York Times reported That OpenAi also sent a letter to Musk’s lawyer, Marc Toberoff, and said that the offer ‘was not in the best interest of [OpenAI’s] mission.”
On Monday, Musk, AI company, Xai and a group of investors offered to buy OpenAi’s Non profit for $ 97.4 billion. OpenAI CEO SAM Altman and the company’s board of directors have rejected the unsolicited proposal quickly – but not formally. In one rackAndy Nussbaum, the counsel who represents the OpenAI board, said that the bid of Musk ‘has not established a value [OpenAI’s] Non -profit “and that the non -profit organization is” not for sale “.
Musk, a co-founder of OpenAi, established a lawsuit against the company and Altman last year who claims that OpenAi, among other things, held contractance and fraud.
OpenAi was founded as a non-profit before it surrendered to a “DOP profit” structure in 2019. The non-profit is the only controller of the CAPT profit OpenAi Corporation, which retains formal fiduciary responsibility for the charter of the non-profit. OpenAi is now working on restructuring-this times for a traditional company with a profit motive, in particular a general interest company. But Musk tries to impose the conversion through the court case.
In a court service on Wednesday, lawyers for Musk said that the billionaire will withdraw his offer if the board of OpenAi “keeps”[s] The mission of the charity ”and stops the conversion of OpenAi to a profit motive. In one submit earlier on the same dayLawyers for OpenAi called Musk’s movement to take control of the company “an inappropriate bid to undermine a competitor”, and a contradiction with his position in the court that a transfer of the assets of the startup are restructuring Mission would break as a charity.
Musk’s allies and Altman have traded this week about the bid. In A podcast interview On Thursday, Ari Emanuel, one of the Backers of Musk’s offer for the Non -Profit of OpenAi, Altman called a “fake” who “tries to get away with cheating the charity and the original mission.” Altman has characterized Musk’s offer as’ an attempt to delay [OpenAI] Down ‘, and joked that the life of Musk is’ from a position of uncertainty’.
