Elon Musk proposes to withdraw its purchase offer from Open AI with a condition

Elon Muskowner of brands like Tesla or X, is agitating again to Open AI. After having proposed at the beginning of this week its Buy for about 100,000 million dollarsnow you are willing to back down If a requirement: That the company that owns ChatGPT maintains its current corporate structure, that of a non -profit organization.

There is a lot of fabric to cut in this matter. On the one hand, it is worth highlighting the link that the South African billionaire had in the past with the executive director of the artificial intelligence firm, Sam Altman. Both were pitysince Musk co -founded with him Open AI in 2015 along with other people. In 2018, after an internal war, he got out of the project. But years later, he is interested again. However, the two magnates have already gone from being partners, to enemies.

When just a week ago, the businessman who has become a pillar of the Donald Trump government launched his proposal to acquire Open AI for 97.4 billion dollars, it seems that Sam Altman did not fit the economic offer well and would have considered it very much inferior to its real value. Musk’s lawyers confirmed that it was a solid proposition, not a mere dialectical provocation. The American programmer replied through an X post: «No, thanks. But We can buy twitter for 974,000 million dollars if you want ». But everything is much more complex and the Battle in court He is clouding the matter.

What is happening with Open AI and why Musk is interested?

Elon Musk is willing to ruin the planes de Altman to convert the commercial branch of the startup into a Public Benefit Corporation (PBC). Openai does have profit to develop its technology, but the Board that leads its control falls on the non -profit organization to which it belongs. The American businessman intends to split so that his course can be decided by investors, among which he is, for example, Microsoft.

To achieve this change its structure, OpenAI would have to compensate the organization Without profit that he would be leaving behind, which would mean scratching his pocket to be able to gain that autonomy for which they have been working since the last year. It could be both the payment a compensation economic, such as the assignment of a small participation. But the value of the assets of said great non -profit entity are not clear. On some occasion, the company that has developed chatgpt has mentioned that, in that case, it would give “PBC actions on A fair assessment determined by independent financial advisors ”.

The legal dispute Between the two billionaires it continues. Altman’s team has led Musk’s attempts to ruin its strategy. In their allegations, they highlight the hypocrisy of the owner of Tesla, who is playing with the two faces of the currency at the same time. On the one hand, try to prevent Openai from becoming a company with lucrative intention. But on the other, he wants to buy it.

The decision to frustrate Altman’s purpose in an unexpected movement is firm. But Musk’s team has argued that will withdraw the purchase offer If the advice administered OpenAi undertakes to «preserve The mission of the non -profit organization and withdraw the ‘sells’ poster from its assets stopping its conversion ». However, it is also willing to upload its offer if other equivalent proposals appear: “Otherwise, the beneficial organization must be compensated by what a buyer in equal conditions would pay for their assets,” Musk said on Wednesday at the last minute.

For now, despite having criticized its rival, the Altman team has not officially rejected the offer of the South African tycoon. The manager of the artificial intelligence firm is seen in a crossroads. As noted The New York Times Based on documents that claims to have consulted, the specifications of the last openai financing round It ruled that PBC’s non -profit corporation conversion should be fulfilled in less than two years. If not, the participations collected would have to be returned, which would generate a great debt.