The Board of Openai directors is “united” who denies the offer of billionaire Elon Musk to buy a nonprofit that effectively manages the Openai, the company said Friday.
In a statement Shared through Openai's press account with X, Bret Taylor, Board Chair, called Musk's bid “an attempt to disrupt his competition.”
“Openai was not sold, and the Board united denied Mr. Musk's latest attempt to disrupt his competition,” Taylor said. “Any potential reinforcement of Openai will strengthen our nonprofit and its mission to ensure [artificial general intelligence] Benefits all humanity. “
The New York Times reported Openai also sent a letter to Musk's attorney Marc Teroff, saying the bid was “not in the best interest of [OpenAI’s] Mission. “
On Monday, the Musk, his AI company, Xai, and a group of Investors Offered to buy nonprofit of Openai for $ 97.4 billion. Openai CEO Sam Altman and Board of Company Directors Fast – but not formal – deleted unsolicited proposal. In a statementAndy Nussbaum, the advice that represents the Openai board, Musk's bid said “not setting the value [OpenAI’s] Nonprofit “and that nonprofit is” not sold. “
Musk, an Openai co-founder, last year brought a lawsuit against the company and Altman announcing that Openai was engaged in anticompetitive behavior and fraud, among other offenses.
Openai was established as a nonprofit before it moved into a “capped-profit” structure in 2019. Nonprofit is the sole control of the Capped-Profit Openai Corporation shareholder, which maintains a formal responsibility in the charter of nonprofit. Openai is in the process of repairing-at this time with a traditional for-profit company, particularly a public benefit to the public. But the muscle, through the lawsuit, seeks to command the interior.
In a court filing on Wednesday, lawyers for Musk billionaire will withdraw his bid If the Openai board is “keep[s] The charity mission ”and stops Openai's conversion to a for-profit. In a Filing earlier on the same dayThe lawyers for Openai called Musk's Move to control the company “an invalid bidding to break a competitor,” and a contradictory position in court that the transfer of start -ups start by Re -repair will ruin its mission as a confidence in charity.
Musk and Altman's allies have exchanged blows on the bid this week. In An interview with the podcast On Thursday, Ari Emanuel, one of the Musk's offer supporters for Openai's nonprofit, called Altman a “phony” who was “trying to get away with charity cheating and its original mission.” Altman is characterized Musk's bidding as “an attempt to slow down [OpenAI] down, “and it was removed that Musk's life was” from a position of insecurity. “
