Opeli argued that the original Muska offer 97.4 billion USD undermines his legal argument that it should not be private.
After the creation of an unimposed USD 97.4 billion for the purchase of a non-profit organization, which is the owner of OPENAI, the lawyer of Elon Muska said that Tesla’s general director would withdraw the offer if the Management Board agrees to stop the planned conversion to the company to profit.
In a court application Reported by TechCrunchLawyer Musk said that the offer is serious, and the company “must be compensated for what the buyer will pay for his assets.”
The application stated that the offer from a consortium managed by musk would go to a charity in the “second mission”, but added that if the management board agrees to “take signing” on the market “from his assets” and maintain the mission of a charity organization, Musk, Musk will withdraw the offer.
Transfer is a consequence of a response to the offer from the OpenAI board. In its own court assembly, the company stated that the consortium about the purchase of an organization undermines Legal attack with musk through which he argues that OpenAI assets should be subject to non -profit organization.
While the management board questions the hypocrisy of musk attempting to buy an organization that, as he said, should not be on the market, has not yet rejected the offer.
IN Statement to the New York TimesMarc Toberoff, a lawyer who filed a lawsuit against OpenAI, said that the claim is not about who controls Opeli, but about his general director “Altman himself and the wrong behavior of OpenAI.”
Private
While Musk’s notification states that the offer by USD 97.4 billion is “serious”, the latest offer of withdrawing the offer suggests that it’s not about having the company itself, but more about blocking the Altman path to privacy with OpenAI.
After starting as a non-profit organization, before it moved to the structure of “limited profit” in 2019, Opeli planned Restructuring to a profit -oriented corporation last yr.
While the non -OpenAI organization would live on as an entity as a part of this restructuring, having a minority share, its management will now not control the Company.
However, the NON -PROFIT organization currently stays the only shareholder controlling the company in its current state, which suggests that it still bears formal trusting liability towards the non -profit organization card.
With an offer of virtually $ 100 billion from a gaggle of investors, who claims that he wants to guard the beneficiaries of the non -profit organization, the management will have to think about it fastidiously. Even if the offer is not accepted, he can force the advice to rethink her restructuring plans, causing a headache to Altman and his plans focused on profit.
