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Elon Musk and a group of co-investors have submitted an offer of almost $ 100 billion for the non-profit organization, controlled the Openai, and the attempt by Sam Altman, the start-profit company, to control Sam Altman’s attempt, to convert into a non -profit company.
muskAccording to Musk’s lawyer Marc Toberoff, whose start-up Xai is a direct competitor of Openai, submitted the group’s offer on Monday.
Altman is in the conversion process Openai In a profit -oriented case to put the company away from its roots as a research organization by abandoning its non -profit organization. One of the main obstacles to the change was the determination of a time value for the non -profit organization that the company controls under the current structure.
Musk, a co-founder of Openaai who invested tens of million in the young company before leaving the board in 2018, said that the conversion to a non-profit company revealed the start-up mission.
He has already started a lawsuit against Altman and Openaai who tried to block the conversion and now offers USD $ 97.4 billion for the assets held by the non -profit organization, which contain a controlling participation in Openais non -profit subsidiaries.
“It is important that the charity is quite compensated for, which decreases its leadership: control over the most transformative technology of our time,” said Toberoff.
Shortly after the Wall Street Journal reported the unsolicited approach for the first time, Altman said at the Social Media website X: “No, thanks, but we will buy Twitter for 9.74 billion US dollars if you want.” Twitter in 2022 for $ 44 billion and named him in X.
A person near Openaai said that Musk’s offer was “purely public” and not a sustainable deal for the company.
“If (Openaai)” It is a advertising agent, “let’s say” call our bluff “, said a person who is involved in Musk’s offer, including that of Xai and partners, including Valor Equity Partners, Baron Capital, Areide Management, Vy Capital, is supported, 8VC, and the CEO of Endeavour, Ari Emanuel.
Last month, TOBOFF asked the Attorney General in Delaware and California to force Openai to start a competition for the non -profit organization that is the focus of the company.
Openaai, which does not maintain external offers for the non -profit organization, refused to comment on the offer. A person who was near the company said that Musk’s efforts to force a sale were only designed in such a way that they create “more chaos”.
“Openai does not have to sell,” said Ann Lipton, a legal professor at Tulane University. “The non -profit control persons (Openai) and up to this structure, it has commitments as a non -profit organization to pursue its mission.”
There was “nothing Musks can do it than to use a soft convincing force,” she added.
His offer for the non-profit organization is the latest Salvo in a lengthy, bitter rivalry between the Tesla boss and the Altar. The former employees are now competing for artificial intelligence, increasing tens of billion dollars and building huge data centers. Openai plans to develop $ 500 billion in the coming years in the coming years.
Openai, a private group that is in discussions on the abolition of a new capital with a prerequisite assessment of USD 260 billion, is not obliged to sell the non -profit organization.
As part of the conversion of Openai into a profit. Musk’s lawyers have argued that the number should be far higher.
A higher assessment would also mean a larger payment for Musk, the donation of which would be returned to the company several times in the early years.
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