Sam Altman, left and Elon Musk.
Muhammad Selim Korkutata | Anadolu | Getty Images
Openai officially refused Elon Musk Proposal for the purchase of a non -profit parent of artificial intelligence startup for $ 97.4 billion.
In a brief letter to the Musk’s lawyer on Friday, OPENAI lawyer, William Savitt, said the Openi Committee reviewed the proposal and found that a billionaur “much published” offer “wasn’t really an offer.”
“The proposal, even as it was first presented, is not in the best interest of the Ohi mission and was rejected,” Savitt wrote to Marc Toberoff, who represents Musk. “The decision of the Committee of the Ohi on that regard is unanimous.”
Openai Chairman Bret Taylor said in a statement that the company “wasn’t for sale”.
“Any potential reorganization of the openii -and will strengthen our non -profit organization and his mission to ensure that agi uses all humanity,” he wrote, referring to artificial general intelligence.
On Monday, Toberoff revealed that Musk runs a group of investors on offer to buy control of Openi for $ 97.4 billion. The offer, which Toberoff said on Monday, was for a non -profit organization supervised by the Chatgpta programmer.
“It’s time for Openi to get back to an open brake, a force focused on security, it used to be,” Toberoff wrote at the time.
In a Response to xOPENAI CEO of Openi -Sam Altman wrote: “No thank you, but we’ll buy Twitter for $ 9.74 billion if you want.” Musk owns X, sometimes Twitter.
Musk then responded to Altman to x, with “impostor,“And in response to another user called him”Fraud altman.“
Musk-altman’s drama dates from 2015, when there were two OPENA founders, launching it as a non-profit AI research laboratory. Longtime friends and colleagues have become outraged opponents of Openai’s creation as a pioneer of the generative AI through their viral Chatgpt Chatbot.
Openai tries to turn into a non -profit subject to use a huge commercial demand for his technology. Microsoft has inserted billions of dollars into the company and softbank is Close to finalization Investing in the amount of $ 40 billion in an opening of $ 260 billion, said David Faber from CNBC on February 7th.
Musk sues Openi, claiming that he violated the contract and tried to prevent his transition into a profit structure. He also raised billions of dollars for his AI startup rival Xai.
Since Openai was still overseen by a non -profit parent, his effort to completely reject the Musk of the download can be complicated. This is because the Committee does not have a fiduciary responsibility towards investors, but has been officially observed for the Openii Charter.
On January 7, Toberoff sent a letter to the Chief Lawyers in California and Delaware, asking for the opening offers to open. Musk said In a court where he will withdraw his offering for a non -profit arm of Openi if the Chatgpt manufacturer stops his conversion to a non -profit subject.
Joel Fleming, a securities litigation from shares in the capital, said the committees are usually not exposed to a legal risk for rejecting the downloading offer.
“Even in a profit corporation, directors usually do not face legal presentation because of” just say no “answer,” Fleming said in the email. “In non -profit corporation, the goal is not to maximize the value of the shareholders, so there are even less reasons to think that the directors would face any legal risk, simply say no.”
– CNBC -ov Lora Kolodny contributed to this report.
WATCH: Mošus to withdraw the offer for the open if the Committee removed the “for sale” sign
