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HomeGadgetsOpenai's board 'Unanimously' rejects Elon Musk's $ 97.4 billion takeover bid

Openai’s board ‘Unanimously’ rejects Elon Musk’s $ 97.4 billion takeover bid


Elon Musk launched a bid of $ 97.4 billion to take control of Openai. The Wall Street Journal Reported a group of investors led by Musk Xai On Monday, an unwanted resolution was presented to the board of directors of the company. The group wants to buy a non-profit institution that controls Openai’s for-Profit Arm.

Asked for the comment, an Openai spokesperson pointed out Engadget to one X post From CEO Sam Altman. “No, but we will buy Twitter for $ 9.74 billion, if you want,” Altman wrote on the owner of the social media platform Musk.

On Friday, the board of directors of Openai officially rejected Musk’s dialect. “OpenEE is not for sale, and the board unanimously rejected Mr. Musk’s latest attempt to disrupt his competition,” the company blamed Brett Taylor, President of the Board of Directors of OpenAII. “Any possible restructuring of Openai will strengthen our non -profit and its mission to ensure all the benefits of AGI humanity.”

Taylor, coincidentally, was the chairman of Twitter board before buying a social media platform for Musk $ 44 billion in 2022,

Musk said in a statement, “It’s time to return to open-sources for openi, once a security-focused force,” Musk said in a statement that his lawyer shared The journal“We will ensure that this happens.”

Openi

It is difficult to say how serious this dialect is from Kasturi and what – if there is any chance then it has to be successful. Openai is not a traditional company, and Non -profit structure Sam Altman and other people of the company want it to get away from May, actually to protect it from Musk’s proposal. A profit-profit company OpenIE with publicly traded shares would be triggered by Musk’s dialect which is known as a Revolution moment in the corporate law, where, under some circumstances, the company’s board of directors The highest bidder will be forced to sell to maximize profits. ,

Update 02/14 4:34 pm ET: Response connected to the board of directors of Openai.

This article originally appears on https://www.engadget.com/ai/OPENAIS- Board- Nianimally- Elon-MUSK- 974- Billion- Billover-bid-215221683.html?src=rsS.



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