Billionaire Elon Musk’s Bid to Buy Openai, Whoch Wants to be a for-Profit Entity, Clashes with his lawsuit arguing BMITTED to a Federal Court on Wednsday.
On Monday, A Consortium of Investors LED by Elon musk Offred $ 97.4 billion (roughly Rs. 8,45,924 Crore) to buy the assets of Openai’s Nonprofit, in another salvo from the world’s richest man against the Artificial Intelligence (AI) Startup.
Musk Sued Openai Ceo Sam altman And others in August and have assked a US District Judge to Block Openai’s Attempt to Transition to a for-Profit Entity.
Openai in its letter said musk had contradicted Himself when making “an improper bid to undermine a competitor.”
Musk’s court filings Assert that Openai’s Assets must Remain within a Charitable Trust and Should Not Be Transferred For Private Gain. That contrasts with his proposed acquisition which seeks to transfer all openai assets to Him and His Private Investors, Openai Said.
REPRESENTIVES For Musk did not respond to an emailed request for comment.
Musk co-founded openai with altman in 2015 as a nonprofit but left before Chatgpt Went viral at the end of 2022.
Openai has said it Wants to become a for-protrit organization to secure the capital needed for development the best ai models.
© Thomson Reuters 2025
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