Feb. 15 - Early this morning.OpenAI The board of directors has unanimously rejected a buyout offer in response to Elon Musk's offer. In a statement on Platform X, OpenAI board chairman Brett Taylor said, "OpenAI is not for sale and the board hasunanimous rejectionMr. Musk's latest proposal to try to undermine competition. Any potential reorganization of OpenAI would strengthen ourNon-profit organizations and their missionsto ensure that AGI benefit all mankind. "
Earlier this week, Musk and a group of supporters offered to buy OpenAI for $97.4 billion (note: currently around Rs. 707,648 crore.) To this, OpenAI CEO Sam Altman quickly responded on the X-Platform, "Thanks, but we don't need it. However, if you want, we can buy Twitter for $9.74 billion (currently about Rs 70,765 crore)."
Musk's proposed acquisition could create complications for OpenAI, especially at a critical time when it is in the midst of a transition to a for-profit company. The board will have to makeMost beneficial to non-profit organizationsdecision, which means they need to prove that Altman's proposed spin-off plan is a better way to move the company into a better future than Musk's proposal. On Wednesday local time, Musk's lawyers said in court documents that if OpenAI agrees toMaintaining the non-profit nature, Musk will withdraw the acquisition proposal.
Taylor said, "Any reorganization proposal for OpenAI will strengthen our nonprofit nature and advance its mission to ensure that artificial general intelligence benefits all of humanity."
