OpenAI Board Responds to Musk's $97.4 Billion Takeover Offer: Contradictory Legal Claims

Odaily Planet Daily News: OpenAI's board of directors questioned the reasonableness of Musk and others' offer of $97.4 billion to acquire the company on Wednesday. On Monday, a consortium of investors led by Musk proposed to acquire assets of a non-profit organization that controls the company, intensifying a years long dispute between Musk and OpenAI CEO Sam Altman. In a court filing submitted on Wednesday, the company stated that Musk's acquisition offer contradicts its legal claims in last year's lawsuit against OpenAI. OpenAI argues in the filing that Musk's statement in the lawsuit that assets must remain with non-profit organizations and cannot be transferred to another entity for the public interest is actually accusing Musk of hypocrisy. Previously in the lawsuit, Musk claimed that OpenAI must be managed by a non-profit organization, but now he has put forward the opposite viewpoint. The OpenAI board of directors has not formally rejected the offer. (The New York Times)