The company OpenAI officially rejected an offer of approximately 100 billion dollars made by Elon Musk to acquire it. In a letter sent to Musk's lawyer, Marc Toberoff, OpenAI's representative, William Savitt, communicated that the organization's board of directors considered the proposal not beneficial to its mission and explicitly rejected it.
In November 2024, Musk's legal team filed a motion for a restraining order as part of a lawsuit against OpenAI, questioning its attempt to change its non-profit status. In response, Savitt wrote that any reorganization of OpenAI should strengthen its condition as a non-profit organization and ensure that general artificial intelligence benefits all of humanity.
The team led by Musk submitted its offer of 97.4 billion dollars to acquire the non-profit organization that controls OpenAI as an effort to refocus it on open-source artificial intelligence, claiming they would work in that direction. Musk, who co-founded OpenAI in 2015, expressed his desire for the organization to return to its open-source roots and focus on safety.
In their statements, both Musk and other representatives highlighted the importance of OpenAI maintaining its non-profit character and its commitment to ethics in artificial intelligence. OpenAI's president, Bret Taylor, pointed out that the company is not for sale and reiterated its commitment to its original mission.
