The Board of Directors has officially rejected its offer

“OpenAi is not on saleand the Board has unanimously rejected the last attempt of Mr. Musk to alter its competition, ”said Bret Taylor, president of the non -profit organization of the AI ​​company, in a message posted in X.

In this way, the offer of 97.4 billion dollars launched on February 10 by the CEO of Tesla has been officially discarded by its recipient. This is an important setback for the businessman’s plans and a victory for Sam Altman.

Musk gave the impression of being very sure

Musk’s purchase attempt seemed to affect the plan drawn by Altman to transform the startup commercial arm into a public benefit corporation (PBC), freeing it in addition to the entity control nonprofit To get more investments.

Musk’s lawyers even said this week that their client would withdraw the offer if the Openai Board promised to “preserve the mission of the beneficial organization and stipulate that the sign of ‘is sold’ for sale ‘of its assets stopping its conversion.”

Recall that Elon Musk sue Openai and Sam Altman on the grounds that the company was moving away from its founding mission to develop AI for “benefit of humanity“And that he had made a” de facto fusion “with Microsoft.

Well, it has not been necessary for OpenAi to have to change its plans to avoid the attempt to acquire Musk, but it has been the organization that has directly rejected it, although it is yet to be seen what collateral effect can have this.

Although Musk’s present offer has lost validity, there is the possibility that it has influenced the compensation value that Openai must pay to your entity without profit to separate from it. We have explained it in detail in another article.

Images | OpenAI

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