Elon Musk's Ultimatum to OpenAI

In a recent court filing, Elon Musk's legal team announced that the billionaire entrepreneur would retract his $97.4 billion offer to acquire OpenAI unless the organization transitions from a nonprofit to a profit-making entity. Musk's condition hinges on OpenAI's willingness to cease its conversion process and remove the 'for sale' sign from its assets, thereby preserving its original charitable mission.

OpenAI's Stance on the Offer

Previously, a consortium led by Musk attempted to purchase OpenAI, a move firmly rebuffed by the company's CEO, Sam Altman. Altman emphasized that OpenAI is not on the market for sale. This disagreement over the company's direction has led to legal confrontations between Altman and Musk, co-founders of OpenAI, which was established as a nonprofit in 2015.