Elon Musk said in a court who submitted at the end of Wednesday that he would take his offer of $ 97.4 billion to check OpenAi if the company dropped a long -term effort to change his business structure.
Mr. Musk and a consortium of investors had offered on Monday to buy the assets of the non -profit organization that controls OpenAI, so that a year is a fight between Mr. Musk and the president of OpenAi, Sam Altman, about the future of artificial intelligence . Mr Altman is in the middle of the business structure of OpenAi by moving control over the company from the non -profit to OpenAi's investors, including Microsoft.
Two days later, the Board of Directors of OpenAI asked the reason for the bid and accused Mr Musk of Hypocrisis. Within a few hours, Mr. Musk's legal team replied with the new court application and said that they would drop the offer if the OpenAI's board of directors would agree to retain the mission of the non -profit organization and “the” for sale “Take sign.”
The feud between Mr. Musk and Mr. Altman is deeply personal. Mr. Musk helped OpenAi to find as a non -profit in 2015, together with Mr. Altman and others. When Mr. Musk left the organization in 2018 after a battle for control, Mr Altman OpenAi brought a company to a profit motive, so that he could raise the large amounts of money that was needed to build AI technologies.
The non -profit organization retained control of the company. Last year, Mr Altman and his colleagues started working on a plan to move control over the company from the non -profit to the investors of OpenAi. Mr. Musk's offer could make that plan more difficult.
To separate OpenAi from the non -profit organization, Mr Altman and his colleagues must offer compensation. For example, OpenAI can pay the non -profit a fee or give a minority interest in the company.
But the assets of the non -profit have not received any value. Mr. Musk tries to postpone one with his bid, which could mean that OpenAi's for-profit arm should spend more to get independence from the non-profit.
It is unlikely that OpenAi will drop his plan to separate from the non -profit. According to the conditions of his last investment round, it must be controlling the company's control in less than two years away from the non -profit. Otherwise the financing will convert the debts into debts, according to documents that are assessed by the New York Times.
Mr. Musk also sues OpenAi to try to block his plans to restructure.
OpenAi is currently working on completing a fundraising deal of $ 40 billion that would double its appreciation almost four months ago to around $ 300 billion.
(The Times has sued OpenAi and Microsoft and claims infringement of the copyright of news content with regard to AI systems. The two companies have denied the claims of the suit.)
