Elon Musk tries to take on chatgpt control

Elon Musk and Investors offer $ 97.4 billion to purchase OpenAi, complicating Sam Altman’s plans of turning the company into a profitable entity

Elon Musk and a group of co-inlars presented an offer of almost US $ 100 billion To acquire the non -profit organization that controls OpenAi, complicating CEO Sam Altman’s plans of turning startup into an entity for profit. The proposal, made on Monday (10), was confirmed by Musk’s lawyer, Marc Toberoffand includes assets as a controlling participation in the OpenAI for -profit subsidiary.

According to the Financial Times, Musk’s offer comes at a crucial time, as Altman is in the process of converting OpenAI into a profitable company, driving it out of its origins as a research organization. One of the main obstacles to this change is to establish a fair value for the non -profit entity, which currently controls the company.

The rivalry between Musk and Altman

Musk, co -founder of OpenAi and the company’s initial investor, left the board in 2018 and criticized the change for profit, claiming that this betrays the original mission of the startup. He has already filed a lawsuit against Altman and OpenAi to block conversion and now seeks to acquire control of the non -profit organization for US $ 97.4 billion.

“It is vital that the non -profit entity is precisely compensated for what its leadership is removing it: control over the most transformative technology of our time.”said Toberoff.

After the offer is disclosed by the Wall Street JournalAltman responded ironically in the X (former twitter), saying:

“No, thanks, but we’ll buy Twitter for $ 9.74 billion if you want.”

Musk acquired Twitter in 2022 for $ 44 billion and renamed him as X.

Criticism and motivations

People close to OpenAi described musk’s offer as “Purely an advertising move” and not a viable agreement. However, a representative of the musk group stated:

“ [a OpenAI] I say it’s an advertising move, we say, ‘Call our bluff.’

The offer is supported by XaiMusk Artificial Intelligence Company, and by partners like Valor Equity Partners, Baron Capital, Atreides Management, Vy Capital, 8VC e Ari EmanuelYes Endeavour.

Legal and strategic implications

Last month, Toberoff asked the Attorneys General Delaware e California that forced the OpenAi to perform a competitive auction for the non -profit entity. However, OpenAi is not considering external offers and refused to comment on Musk’s proposal.

Ann Lipon, Law Professor at Tulane Universityexplained that OpenAi It is not required to sellbecause the non -profit entity controls the company and has an obligation to pursue its original mission.

“Musk can only use persuasion power”added Lippton.

The future of OpenAi and AI

Musk’s offer is the latest chapter of a fierce rivalry between him and Altman. Former collaborators now compete to master the artificial intelligence sector, raising billion dollars and building vast data centers. OpenAi plans to invest US $ 500 billion in AI infrastructure in the coming years through the STARGATE PROJECTsupported by SoftBank.

Meanwhile, OpenAi is in negotiations to raise new capital with a pre-money evaluation US $ 260 billionbut has no obligation to sell the non -profit entity. Internal evaluations suggest a value of about US $ 30 billion For this entity, but Musk’s lawyers argue that the value should be much higher.

A higher assessment would also benefit Musk, whose initial donation OpenAi could be multiplied several times.