Elon Musk says it will drop Openai if the company maintains a non -profit task
Elon Musk said in a high -ranking highland on Wednesday that he would withdraw his $ 97.4 billion bid to control Openai if the company drops a long effort to change its structure for companies.
Mr. Musk and Etihad of Investors on Monday the purchase of the assets of the non -profit organization that controls Openai, and an escalation in a dispute that lasted for years between Mr. Musk and the CEO of Openai, Sam Altman, about the future of artificial intelligence. Mr. Altman in the middle of changing the structure of Openai by converting the company without profitability to Openai investors, including Microsoft.
Two days later, Openai Board of Directors asked about the logical basis of the farmer and accused Mr. Musk of hypocrisy. Within hours, Mr. Musk’s legal team answered with the new court file, saying that they will drop the offer if the Openai Board of Directors agrees to maintain a non -profit task and “take a mark” for sale “outside its assets.”
The dispute between Mr. Musk and Mr. Altman is a deep character. Mr. Musk helped find Openai as a non -profit institution in 2015, along with Mr. Altman and others. When Mr. Musk left the organization in 2018 after a battle for control, Mr. Altman tied Openai with a profit company so that he could collect large sums of the money needed to build artificial intelligence technologies.
The non -profit organization kept controlling the company. Last year, Mr. Al -Tamman and his colleagues began working on a plan to transfer the company without profitability to Openai investors. Mr. Musk’s offer can hold that plan.
To separate Openai from the non -profit council, Mr. Altman and his colleagues must provide compensation. Openai may pay non -profit fees, for example, or give it a minority stake in the company.
But non -profit origins were given value. Mr. Musk tries to appoint one with its width, which may mean that the Openai’s profit arm should spend more to gain independence without profitability.
Openai is unlikely to be separated from its plan to separate from non -profit. Under the last investment round conditions, control of the company must be transformed out of non -profit in less than two years. Otherwise, its financing will be converted into debt, according to the documents reviewed by the New York Times.
Mr. Musk is also sued Openai to try to prevent his plans to restructure.
Openai is currently working to complete a $ 40 billion money raising deal, which will double its evaluation for only four months to about 300 billion dollars.
(The Times newspaper filed a lawsuit against Openai and Microsoft, claiming that copyright violated news content related to artificial intelligence systems. The two companies denied the claims of the lawsuit.)