Musk entered a series of legal battles with OpenAI long ago; now he is coming out and putting in a multibillion-dollar offer to acquire OpenAI. Recently, Musk and his investment group made a $97 billion offer to OpenAI’s CEO Sam Altman, who rejected it.
Musk and his team quickly turned to OpenAI’s board; they wanted to take control of the company and return it to its nonprofit?”Musk’s lawyer, Marc Toberoff, emphasized that compensation must be given for the dilution of control over what he considered to be critical technology.
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Not least is the fact that Musk launched another lawsuit in August 2024. He charged OpenAI with rushing to create artificial general intelligence technology for financial gain and racketeering. His action continues a heated confrontation between him and OpenAI, the team that he initially helped create. Musk considers that it has gotten away from its initial mission in the quest of becoming a “capped-profit” corporation, which he feels does not align with its original objective.