OpenAI: Musk's Acquisition Bid Exposes Its "Hypocrisy"

BlockBeats News, February 13th, according to The New York Times, the OpenAI board has raised concerns about the $97.04 billion acquisition offer from investors including Elon Musk, stating in court filings on Wednesday that the proposal contradicts Musk's claims in a lawsuit against OpenAI last year. OpenAI stated that Musk had previously argued that OpenAI's assets must remain under the control of a nonprofit organization and should not be transferred to another entity for the public benefit, yet now Musk is attempting to acquire it, exposing Musk's "hypocrisy."

Musk's lawyer, Marc Toberoff, responded saying that the core of the lawsuit is not about control of OpenAI but rather about the misconduct of Sam Altman and OpenAI. If OpenAI is willing to abandon the plan to "sell" nonprofit assets, Musk will withdraw the acquisition proposal.