Musk Ready to Withdraw OpenAI Offer If Original Mission Preserved | OpenAI Chat | Chat GPT gratis | OpenAI free | Turtles AI

Elon Musk has said he will withdraw his $97.4 billion offer for the nonprofit OpenAI if the board of directors decides to stop the transition to a for-profit structure and ensures that the original mission is respected. The board rejected the offer, while the legal dispute between Musk and OpenAI continues, with allegations of anti-competitive behavior and violations of the charity’s mission. The case is part of a broader redefinition of OpenAI’s corporate structures.

Key points:

• Offer Withdrawn: Musk will withdraw the offer if OpenAI stops transitioning into a for-profit company.
• $97.4 billion offer: A consortium led by Musk made an offer that was considered serious and aimed at protecting the original mission.
• Board resistance: OpenAI and its CEO Sam Altman rejected the offer, reiterating that the organization is not for sale.
• Legal conflict: Musk filed a lawsuit against OpenAI alleging violations of the original mission and anti-competitive practices.

Elon Musk has filed new documents in the District Court of California, reaffirming his intention to withdraw his $97.4 billion offer for the nonprofit OpenAI if its board of directors ensures that it will stick to its original mission and block its conversion to a for-profit structure. The offer, made through a consortium of investors, was described by Musk’s lawyers as a concrete proposal aimed at fairly compensating the nonprofit if it decides to sell its assets. However, the documents stress that the move is not intended to acquire OpenAI, but rather to preserve its original charitable status. Musk’s proposal came after OpenAI transitioned from a nonprofit to a “limited-profit” entity in 2019, with a further restructuring currently underway to transform it into a for-profit utility. Musk, who once co-founded OpenAI, opposes this new corporate phase and has filed a lawsuit against the company and its CEO Sam Altman, accusing them of anti-competitive behavior and fraud. OpenAI’s board of directors has responded strongly, declaring that the organization is not for sale and that Musk’s offer does not represent real value for the non-profit entity. Attorney Andy Nussbaum, representing the board, rejected the proposal, saying that the charitable mission remains central and that selling the assets is not an option. In response, OpenAI has filed additional documents in court, characterizing Musk’s attempt as an action aimed at undermining the company’s competitiveness and thwarting its transformation.

The case is part of a broader context of redefining corporate structures and debate on the ethical and strategic implications of corporate governance in the AI ​​sector.