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Elon Musk will withdraw its offer of $ 97.4 billion for the non -profit arm of OpenAI if the Chatgpt manufacturer stops its conversion into a profitable entity, according to a presentation of the court.
“If the openai board, Inc. is prepared to preserve the mission of the beneficial organization and stipulate to take the signature of” for sale “of its assets stopping its conversion, Musk will withdraw the offer,” said the presentation, which was presented On Wednesday the United States District Court for the Northern District of California.
“Otherwise, the beneficial organization must be compensated by what a arms buyer will pay for their assets,” he added.
On Monday, Musk, together with his artificial intelligence company XAI and a consortium of investors, launched an attempt to acquire the non -profit arm of OpenAI for $ 97.4 billion, accusing the firm and its CEO Sam Altman to leave its Original mission to develop AI to seek profits instead.
Altman has rejected the offer, Tell CNBC That the measure is just a Musk effort to “slow down a competitor.”
Operai was initially founded as a non -profit organization in 2015 and then became a “limited earnings” model in 2019. Musk helped launch the AI investigation firm, which he says he donated $ 50 million.
Since his departure from the company’s Board in 2018, the founder of Tesla and Spacex has expressed vocal frustration with Openai’s movement to become a profit company.
Musk reiterated those concerns on Thursday, speaking with an audience through Videolink at the World Government Summit in Dubai.
Asked by the Minister of AI of the United Arab Emirates, Omar al Olama, if a company like Openai could really climb as a non -profit organization, Musk replied:
“I think the evidence was there that Operai has come so far while it has at least one kind of double gain, a non -profit role. What they try now is to completely eliminate the non -profit organization. And that seems really go too far. “
“I provided all the funds for Openai for the first almost $ 50 million for nothing, as a non -profit organization, and was destined to be open source,” Musk continued. “And so, you know, I think this is analogous to, like … if you find a non -profit organization to preserve the Amazon jungle, but then … instead they become a companion woodAND and cut the trees and see them by wood. “
He added that Operai should now change his name to “maximum AI gain”, or “closed by voracious profits.”
CNBC has contacted OpenAi to comment. Altman in December said that his company decided to move to a structure of limited perfection partly because Musk stopped financing it, while supporters of OpenAi’s conversion to a corporation of public benefits totally for profit, which could take two years, say that this It will allow to climb and do it more attractive to investors.
When asked Tuesday how seriously he is taking the offer of Musk, Altman, who previously rejected the offer in an X publication, replied: “Not particularly.”
