A consortium led by Elon Musk said on Monday that it offered $ 97.4 billion to buy a non-profit organization, which controls openi, a billionaire battle in the Battle of the billionaire, a other year of artificial intelligence startup in a transition to infection To block the profit-profit firm.
Musk’s bid is like to relieve prolonged stress with OPENAI CEO Sam Altman on the future of a bounce in general AI technology. Ultman posted immediately on X: “No thanks, but if you want, we will buy Twitter for $ 9.74 billion.”
Musk cofked Openai as a non -profitable with Altman in 2015, but Prakash established competitive AI Startup XAI in 2023 before the company flew.
Tesla’s CEO and Tech and Social Media Company X owner Musk is close to President Donald Trump. He spent more than a billion dollars to help Trump select, and lead the government’s efficiency department, a new arm of the White House worked with reducing the federal bureaucracy. Musk criticized the recent $ 500 billion openi-led project declared by Trump at the White House.
Openai is now trying to infection in a profit-profit from a non-profit unit, which states that it is the best AI model to secure the capital required for the development of the model.
Musk filed a trial against Altman and others in August last year, claiming that he violated the contract commission by earning further benefits to the public in push to push AI. In November, he asked an American District Judge for an initial prohibition, preventing Openai from converting into a beneficial structure.
Musk’s trial against Openai and Altman says that the origin of founders contacted them for a non -profit organization to focus on development AI to benefit them, but it was now focused on making money.
Musk said in a statement on Monday, “It is time for Openi to return to the open source, once the security-centered force for good,” Musk said in a statement on Monday. “We want Sura to be.”
Musk and Openai Backer Microsoft did not immediately respond to the remarks requests.
Rose Chan Louis, Executive Director of UCLA Law Center for Philanthropy and non-profit organizations, said, “Musk’s dialect has put another wrinkle in search of openi to remove the nunproll on its beneficial institution.”
“The bid determines a marker for evaluation of non -profit economic interests,” he said. “If Openai Musk offers less than the interests of non -profit, they have to show why.”
The consortium led by Musk consists of his startup XAI, Baron Capital Group, Velor Management, Atreide Management, Vy Fund III, Emanuel Capital Management and eight partners.
XAI can merge with Opeenaai after a deal, according to The Wall Street Journal Which first reported Musk’s proposal in early Monday. XAI recently performed $ 6 billion from investors at a price of $ 40 billion, sources have reported to Reuters.
Throw a wrench
“This (dialect) is definitely a wrench in things,” said Jonathan Massey, Professor of Yale Law School.
“The non-profit organization should take money to do whatever good work, and if Openi likes to sell it to someone else for less money, it is a matter of concern to protect the interests of profit-profit. If it was a public company, the plaintiff’s lawyers would appropriately take the block down to prosecute that transaction.
In its final funding round, the price of OpenAA was $ 157 billion, which strengthened its position as one of the most valuable private companies in the world. The SoftBank Group has interacted to lead a funding round of up to $ 40 billion in OpenIA at a price of $ 300 billion, including new funds, reported by Reuters in January.
In addition to any mistrust implications, this size will require a deal to musk and its consortium so that huge funds can be raised.
DA Davidson analyst Gill Luria said, “The process of Openai’s non-profit institution should be quite complicated to quite complicated the process of openiI’s current money and converting into a profit corporation.”
“This proposal seems to be supported by more reliable investors … Openai may not be able to ignore it. It will be Openai’s Board’s Feduseri responsibility to decide whether it is a better proposal, which is a better proposal on the proposal from SoftBank Can raise questions.
According to LSEG data, Musk’s stock in Tesla is about 165 billion dollars, but their leverage with banks is likely to be diluted after the purchase of $ 44 billion of social media platforms, which called Twitter in 2022.