The president of the OpenAI Board, said Friday that he has unanimously rejected an offer led by Elon Musk to buy the hot artificial intelligence company for $ 97.4 billion.
“Operai is not on sale, and the Board has unanimously rejected Musk’s last attempt to interrupt its competition,” said Bret Taylor President in a statement published by the company in X Musk, previously Twitter.
“Any possible reorganization of OpenAI will strengthen our non -profit organization and its mission to ensure that AGI (artificial general intelligence) benefits all humanity,” the statement continued.
Musk presented judicial documents on Wednesday, saying that he would withdraw the offer to buy Operai if his board returns the pioneer of artificial intelligence to a model of “charity” without profit.
Operai currently operates a hybrid structure, such as a non -profit organization with a subsidiary that makes money.
The change to a profit model, one that Altman considers crucial for the development of the company, had exacerbated the current tensions with Musk.
Musk and Altman were among the team of 11 people founded by Openai in 2015, and the first provided initial financing of $ 45 million.
Three years later, Musk started from the company, with Openai citing “a possible future conflict for Elon … As Tesla continues to focus more on AI.”
Musk established his own artificial intelligence company called XAI in early 2023 after Openai turned on the global fervor about technology.
The massive costs of design, training and implementation of AI models have forced OpenAi to look for a new corporate structure that gives the capital of investors and provide more stable governance.
The transition to a traditional for -profit company requires the approval of the authorities of California and Delaware, who will analyze how the non -profit arm of OpenAI is valued when it becomes a shareholder in the new company.
Current investors prefer a lower assessment to maximize their participation in the new company.
Musk’s offer, valuing Operai’s non -profit organization at $ 97.4 billion, approximately $ 30 billion above the level in current negotiations, according to The information – It appears designed to interrupt the company’s fundraising efforts.
Openai Global Affairs director Chris Lehane said Musk’s offer came from a competitor “who has struggled to keep up with technology and compete with us in the market.”
