(Bloomberg) – OPENAI -Directing Committee officially rejected the offer of a group of investors led by Elon Musk to buy a non -profit organization that controls artificial intelligence company for $ 97.4 billion.
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“Openai is not for sale, and the Committee unanimously rejected Mr. Musk’s last attempt to disrupt his competition,” said Bret Taylor, president of Openii, on the behalf of the Committee on Friday.
Musk, who faced Openi ten years ago before launching a rival AI startup, enrolled in a group of rich allies for an unwanted cash offer to buy non -profit property. Others support the proposal included Valor Equity Partners, Baron Capital, Atreides Management, Vy Capital, Joe Lonsdale’s 8VC and Ari Emanuel, through their investment fund. Musk said he hoped to come back to the opening to be a “open -minded chop, a force focused on security, it used to be.”
The offer was quickly rejected this week by Openi CEO of Sam Altman, who called him a tactic to “slow down” him and emphasized that the company “was not for sale”. Andrew Nussbaum, the Openi Committee Advisor, also said in a statement that Openi did not want to sell and emphasized that the “only fiduciary duty” of the director fulfills the mission of the company to build more powerful, hypothetical AI systems called the artistic general intelligence (AGI) that uses humanity. “Sincerely,” he said, “it is not in the competition to decide what is in the best interest of the Openai mission.”
Marc Toberoff, a lawyer representing an investment consortium under the guidance of Mošus, said the rejection of the Committee Committee comes as “not surprising” because Altman and Taylor made statements to the offer before the committee examined.
“Of course, they put the assets of a charity organization (control over profit companies) for sale. This is about their” reorganization “. They just sell it to a fraction of what Musk offered,” Toberoff said on Friday in a statement. “Will anyone explain how it uses” all of humanity “?”
Musk has repeatedly tried to overthrow Openai’s plans for restructuring as a more conventional profit job. The billionaire filed two lawsuits against OPENAI for allegedly in vain from its principles of establishment and asked the court to block the efforts to restructure the manufacturer Chatgpt. Recently, the judge said that he was reluctant to immediately presents such an order in the case he set “billionaires opposite billionaires”.
