Billionaire Elon Musk’s bid to purchase OpenAI, which needs to be a for-profit entity, clashes together with his lawsuit arguing that belongings of the ChatGPT maker shouldn’t be for personal acquire, OpenAI wrote in a letter it submitted to a federal courtroom on Wednesday.
On Monday, a consortium of traders led by Elon Musk provided $97.4 billion to purchase the belongings of OpenAI’s nonprofit, in one other salvo from the world’s richest man in opposition to the substitute intelligence startup.
Musk sued OpenAI CEO Sam Altman and others in August and has requested a U.S. district choose to dam OpenAI’s try and transition to a for-profit entity.
OpenAI in its letter mentioned Musk had contradicted himself when making “an improper bid to undermine a competitor.”
Musk’s courtroom filings assert that OpenAI’s belongings should stay inside a charitable belief and shouldn’t be transferred for personal acquire. That contrasts together with his proposed acquisition which seeks to switch all OpenAI belongings to him and his non-public traders, OpenAI mentioned.
Representatives for Musk didn’t reply to an emailed request for remark.
Musk co-founded OpenAI with Altman in 2015 as a nonprofit however left earlier than ChatGPT went viral on the finish of 2022. He based the competing AI startup xAI in 2023.
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OpenAI has mentioned it needs to turn into a for-profit group to safe the capital wanted for growing one of the best AI fashions.
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