The OpenAI board of directors rejected a bid of $ 97.4 billion from Elon Musk and a consortium of investors to get control of the artificial intelligence service, so that a feud was deepened between Mr. Musk and the Chief Executive of OpenAi , Sam Altman.
In a statement, Bret Taylor, the chairman of the OpenAi Board, said: “OpenAi is not for sale and the board unanimously rejected Mr. Musk's last attempt to disturb his competition.”
OpenAi also sent a letter to Mr. Musk's lawyer, Marc Toberoff, and said that the bid was “not in the best interest of Oai's mission”.
Mr. Musk and Mr Terberoff did not immediately respond to requests for comments.
The rejection of OpenAi followed on Monday the range of $ 97.4 billion from Mr. Musk and other investors on the assets of the non -profit that OpenAi checks. With the bid, Mr. Musk was more difficult in a plan that Mr Altman made to change the business structure of OpenAi by moving control over the company from the non -profit to the investors of OpenAi, including Microsoft.
Mr. Musk and Mr. Altman have been at odds for years. Mr. Musk helped to create OpenAi as a non -profit in 2015, together with Mr. Altman and others. In 2018, Mr. Musk left the organization after a battle for control over the company. Mr Altman then attached OpenAi to a company with a profit motive, so that he could collect the billions of dollars that are 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 $ 97.4 offer could make that plan more difficult.
(The New York Times has sued OpenAi and Microsoft due to infringement of the copyright of news content with regard to AI systems. OpenAi and Microsoft have denied those claims.)
This is a developing story. Come back for updates.
