The Openai Board of Directors has “unanimously” rejected billionaire Elon Musk’s offer to buy non -profit that effectively governs Openai, the company said on Friday.
In a statement divided through the Openai press account on X, Bret Taylor, the board chair, called Musk’s offer “an attempt to disrupt his competition”.
“Openai is not on sale, and the Board has unanimously rejected Mr Musk’s last attempt to disrupt his competition,” Taylor said. “Every possible reorganization of Openai will strengthen our nonprofit and its mission to ensure (general artificial intelligence) benefits all humanity.”
The New York Times reported that Openai also sent a letter to Musk’s lawyer, Marc Toberoff, saying the offer was not “in the best interest of the mission (Openai)”.
On Monday, Musk, his company AI, XAI and a group of investors offered to buy Openai’s non -profit for $ 97.4 billion. Openai Director General Sam Altman and Board of Company Directors quickly – but not officially – rejected the unwanted proposal. In a statement, Andy Nussbaum, the lawyer representing the Openai Board, said that Musk’s offer “does not give (Openai’s) nonprofit” and that the non -profit is not “not for sale”.
Musk, a co -founder of Openai, filed a lawsuit against the company last year and Altman claiming that Openai engaged in anti -compliant behavior and fraud among other works.
Openai was founded as a nonprofit before moving to a “lucrative covered” structure in 2019. Nonprofit is the only controller of the Openai-Profit Captive Corporation, which bears the official responsibility of confidence in the non-profit statute. Openai is now in the process of restructuring-this time in a traditional lucrative company, specifically a corporation with public benefits. But Musk, through the lawsuit, is seeking to order conversion.
In a court presented Wednesday, lawyers for Musk said the billionaire would withdraw his offer if the OpenAi board “Save the Charity Mission” and prohibits OpenAi’s conversion into a lucrative. In an earlier appearance on the same day, lawyers for Openai called Musk’s movement to take control of the company “an improper attempt to undermine a competitor”, and a counteract of his position in court that a transfer of assets The start through restructuring would violate its mission as a charity.
The Allies and Altman of Musk have traded strokes during the offer this week. In an interview in Podcast on Thursday, Ari Emanuel, one of Musk’s bid supporters for nonprofit Openai, called Altman a “Phon” who “is trying to get away with the deceit of his original charity and mission”. Altman has characterized Musk’s offer as “an attempt to slow down (Openai)” and said Musk’s life is “from a position of insecurity”.
