Musk will withdraw the OPENAI offer if the CHATGPT manufacturer remains a non -profit organization: lawyers


Elon Musk will pay its offer $ 97.4 billion per non-profit OPENAI, if the manufacturer ChatgPT stops his conversion to a profit-oriented unit, in accordance with the court application.

“If the Openai Management Board, Inc. It is prepared to preserve the mission of a charity organization and establish the signing of “for sale”, stopping its conversion, Musk will withdraw the offer “, read the application, which was sent on Wednesday, the US District Court for the northern California district.

“Otherwise, the charity must be compensated by what the buyer will pay for his assets,” he added.

On Monday, Musk, along with his artificial intelligence company XAI and an investor consortium, began an offer to acquire an OpenAI non-profit arm for $ 97.4 billion, accusing the company and its general director Sam Altman on abandoning the original mission to AI for good and instead strive for profits.

Altman rejected the offer, Speaking CNBC This movement is only Musk's effort to “slow down the competitor.”

Opeli was initially founded as a non-profit organization in 2015, and later transformed into a “limited profit” model in 2019. Musk helped launch the research company AI, to which he according to him he donated $ 50 million.

Since its departure from the company's management board in 2018, the founder of Tesla and Spacex has expressed vocal frustration related to the Openai movement in the direction of becoming a profit -oriented company.

Altman himself about Bid Elon Muska: He tries to release a competitor

Musk repeated these fears on Thursday, talking to the audience via Videolink at the summit of world government in Dubai.

Asked by the minister AI of the United Arab Emirates Omar al Olama, or a company like OpenAI can really scale as a non-profit organization, Musk replied:

“I think there has been evidence that Opeli reached so far that at least a double profit, non-profit role. What they are trying to do now is to completely remove a non-profit organization. And it seems that it is really going too far. “

“I provided all funds for Opennai for the first almost $ 50 million for nothing as a non-profit organization, and it was supposed to be Open Source,” Musk concluded. “And yes, you know, I think it is analogous to how … if you find a non-profit organization to keep Amazon Rainforest, but then … Instead, they turn into a companiony And chop trees and sell them for wood. “

Unpacking the offer 97.4 billion USD per openai

He added that Opeli should now change its name to “maximum AI profit” or “closed to voracious profit”.

CNBC contacted Opeli for a comment. Altman said in December The fact that his company decided to go to a structure limited from the organization because Musk stopped financing it, while supporters of Opennai conversion to a fully focused corporation of benefits-which may last two years-let's say that it will better allow scale and on a scale And make him more attractive for investors.

Asked on Tuesday, how seriously he participates in the offer of Muska, Altman, who previously rejected the offer in the post on X, replied: “Not particularly”.



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