Summary
- OpenAI's board officially rejected Musk's $97.4 billion acquisition proposal.
- Bret Taylor, OpenAI board chairman, announced that 'OpenAI is not for sale' and unanimously rejected Musk's attempt.
- Altman criticized Musk's acquisition proposal as 'nonsense', describing it as a ploy against the nonprofit organization's mission.
"OpenAI Not for Sale"
The board of OpenAI, the company behind ChatGPT, officially rejected Tesla CEO Elon Musk's proposal to acquire shares for $97.4 billion on the 14th (local time).
Bret Taylor, chairman of OpenAI's board, stated in a statement on behalf of the board that "OpenAI is not for sale" and "the board unanimously rejected Musk's recent attempt to interfere with competitors."
He added, "Potential restructuring of OpenAI will strengthen our nonprofit organization and our mission to ensure AGI (Artificial General Intelligence) benefits all of humanity."
Musk, who co-founded OpenAI with CEO Sam Altman 10 years ago before departing and becoming an opponent, recently formed a consortium with investment funds to propose a cash purchase of OpenAI's assets.
In his acquisition proposal, Musk argued that 'it's time for OpenAI to return to its original focus on open source and safety as a positive influence.'
Altman had already expressed his intention to reject this proposal. On the 11th, Altman criticized Musk's acquisition offer as "nonsense" and "another ploy to disrupt us."
Shin Min-kyung, Hankyung.com reporter radio@hankyung.com
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
