Elon Musk will withdraw his $ 97.4 billion offer for an OPENAI’s non-profit hand if Chatgpt manufacturer stops his conversion to a non-profit subject, the court states.
“If the Openai Committee, Inc. willing to preserve a charity organization and determine to take off” for sale “to stop his property by stopping his conversion, Musk will withdraw the offer,” read the submission on Wednesday to the US District Court for the Northern District California.
“Otherwise, a charity organization must be compensated for what the buyer will pay for the length of the weapon for his property,” he added.
On Monday, on Monday, together with his artificial intelligence company XAI and consortium investor, he launched an offer to procure a non -profit arm of Openi for $ 97.4 billion, accusing the company and his executive director Sam Altman to leave the original AI development mission for good and instead This is followed by profit.
Altman rejected the offer, speaking CNBC That this move is only a musk to “slow down the competitors.”
Openai was initially established as a non -profit organization in 2015 and later turned into a “limited profit” model in 2019. Musk helped launch a research company AI, which he says has donated $ 50 million.
Since his departure from the Committee of the Company in 2018, the founder of Tesla and Spacex has expressed a loud frustration due to the OpenIA moves to become a profit company.
On Thursday, Musk repeated these concerns, talking to the audience via Videlink at the world government summit in Dubai.
Asked by the United Arab Emirates Minister Omar Al olam as a company like OpenIA can really scallic as a non-profit, Musk replied:
“I think the evidence was that Openii had arrived so far, while he had at least some kind of double profit, non -profit roles. What they are trying to do now is to completely delete the non -profit. Too far.”
“I have provided all the funds for the opening for the first $ 50 million for nothing, as a non -profit organization, which should have been an open source,” Musk continued. “And so, you know, I think it’s analogous, like … If you find a non -profit organization to preserve the Amazon rainforest, but then … instead they turn into woody And chop the trees and sell them for wood. “
He added that Openii should now change the name to “maximum profit ai” or “closed to a missed profit”.
CNBC contacted Openi for comment. Said Altman in December If his company decided to part to a limited profit structure, as Musk stopped funding, while the supporters of Openai’s conversion to a completely profit corporation for public fee-could take two years-that it would better let it is more attractive to investors.
It is on Tuesday that he is seriously taking Musk’s offer, Altman, who previously rejected the offer in the post on X, replied, “Not special.”
