The OpenAI board of directors officially rejected Tesla CEO Elon ...
The OpenAI board of directors officially rejected Tesla CEO Elon Musk's offer to acquire a stake for $97.4 billion (about 141 trillion won). According to CNN and other foreign media on the 14th (local time), Brett Taylor, chairman of the OpenAI board, said in a statement on behalf of the board that "OpenAI is not for sale, and the board unanimously rejected Musk's recent attempts to interfere with competitors."
Chairman's Statement
In addition, Chairman Taylor said, "The potential reorganization of OpenAI will strengthen our mission that our non-profit organizations and general-purpose artificial intelligence (AGI) benefit all of humanity."
Response from Musk's Lawyer
In response, Musk's lawyer, Mark Toberoff, responded by saying, "OpenAI is selling control of for-profit companies, and this move will enrich certain board members rather than non-profit organizations."
Acquisition Attempt
On the 10th (local time), CEO Musk formed a consortium with investment funds and others to purchase OpenAI's assets and proposed a cash purchase. The proposed price of $97.4 billion is far below the recent valuation of an open AI for-profit corporation.
Cease of Offer
CEO Altman declined the offer as soon as it came out. He wrote on X (formerly Twitter), "If you want, we will buy Twitter for $9.74 billion (about 14 trillion won)." This is equivalent to one-tenth of the amount Musk offered to buy OpenAI.
In the post, CEO Musk posted a comment, "a swindler," leading to a war of nerves between the two.