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Openai Board gave Alan Musk a big shock of $ 97 billion, a legal dispute was going on for one year – India tv hindi

by Rajeev Bansal
February 15, 2025

Image Source: AP
Alan Musk, American industrialist.

Sen Francisco (America): The board of directors ‘OpenAI’, an American company of Artificial Medha (AI), has given a major blow to industrialist Alan Musk. OpenAI has unanimously rejected the proposal to buy Musk’s company for $ 97.4 billion. “OpenAI is not available for sale on Friday by OpenAI Board Chairman Brett Taylor, and the board has unanimously rejected Musk’s new attempt to disrupt the competition.”

OpenAI advocate William Savit said in a letter to Musk’s advocate on Friday that the proposal “is not in the interest of OAI goals and is rejected.” Musk and OpenAI CEO Sam Altman in 2015 Help in starting OpenAI and later he had competition on who should lead it. There has been a long dispute over the direction of the startup since Musk resigned from the board in 2018.

Musk had tried against ChatjPT

Musk initiated legal action against the chat GPT-producer about a year ago, in which he filed a case for a violation of the contract. Subsequently, on Monday, Musk, his AI startup ‘XAI’ and a group of investment companies announced a bid to purchase the non-profit organization controlling OpenAI. Musk later said that the chat GPT manufacturer OpenAI leaves the idea of ​​making itself a company working for profit, he will withdraw his offer to buy it.

Musk’s lawyers said in a document filed in a California court on Wednesday, “If the board of OpenAI decides that it will maintain its non-profit situation and stop the plan to convert it into a company for profit. , So Musk will withdraw his bid. ” It was said on behalf of the lawyers that if the company does not do so, it would have to get the right value of its assets from an external buyer. (AP)

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