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OpenAI Says Musk Bid Inconsistent with Lawsuit

Rahul JhaTech3 weeks ago8 Views

Musk’s Offer to Buy OpenAI Sparks Controversy

Elon Musk, a billionaire, wants to purchase OpenAI. This company is known for ChatGPT. However, there’s a twist in this situation! Musk previously sued OpenAI. He argued it shouldn’t aim for profits. Now, OpenAI points out the contradiction in a recent court filing. They say Musk is being inconsistent.

Big Offer on the Table

Just recently, a group led by Musk made a huge offer. They proposed to buy OpenAI for around $97.4 billion. That’s a massive amount of money! This bid is seen as another move by Musk against the AI company. Remember, he has been critical of them before.

Lawsuit Throws a Wrench

Earlier, Musk actually took legal action. Last August, he sued OpenAI’s CEO, Sam Altman, and others. He wants to stop OpenAI from becoming a for-profit business. Musk believes OpenAI should remain focused on good causes, not personal gain. A judge is now considering this case.

OpenAI Hits Back at Musk

In a court letter, OpenAI responded strongly. They stated Musk’s offer is strange. OpenAI highlighted that Musk’s lawsuit claims their assets should stay non-profit. Yet, his own purchase bid aims to transfer everything to him and his investors. This looks like he wants to undermine a competitor, OpenAI argues.

From Founder to Competitor

It is interesting to remember Musk’s history with OpenAI. He actually co-founded OpenAI with Altman back in 2015. At that time it was designed as a non-profit. Later, Musk left before ChatGPT became super popular. Then in 2023, Musk started his own AI company called xAI. Now he is directly competing with OpenAI.

Why OpenAI Wants Profit

OpenAI has explained its desire to become a for-profit entity. They say they need a lot of money to develop better AI. Becoming for-profit will help them attract the necessary investments. This will allow them to create even more advanced AI models in the future.

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