The conflict surrounding OpenAI continues as the company claims it has not received an official bid from Elon Musk's consortium, despite the billionaire's lawyer stating otherwise.
About Musk's Consortium Bid
Reportedly, OpenAI has not received a formal bid from Musk's representatives, even though lawyer Marc Toberoff asserts that the offer was emailed to OpenAI's outside counsel in the form of a detailed four-page Letter of Intent.
OpenAI CEO’s Response to the Offer
OpenAI CEO Sam Altman stated that the company is not for sale and dismissed Musk's offer as a tactic to cause disruption. The board has yet to officially review the offer but is likely to reject it.
Legal Review of the Situation
Musk's proposal raises questions about the valuation of OpenAI's assets. Delaware Attorney General Kathy Jennings is reviewing the proposed changes, emphasizing the importance of adhering to public interests.
The situation surrounding OpenAI and Musk's proposal highlights the complex nature of the company's transition from a nonprofit to a for-profit entity, necessitating careful legal evaluation.
