Musk’s $ 97.4 billion bid for Artificial Intelligence Startup is heating up in a public performance court between Elon Musk and OpenAII Chief Executive Officer Sam Altman.
In a filing on Wednesday, Altman said that Musk’s all -Kaash offer reduces a lot of claims in the heart of his trial against Openai – that its assets cannot be transferred “for personal benefits”. “The world’s richest person has filed a lawsuit to thwart Openai’s plan to convert Altman into a beneficial unit.
Musk fired back on Altman with his own filing, saying that he would leave his dialect completely for Openai if the startup remains a charity.
The legal battle between two billionaires began last year on the structure of Openai. They are now waiting for a decision by American District Judge Yavon Gonzalez Rogers on the request of Musk to prevent Openi’s restructuring plans, while he claims that the relationship of Startup with Microsoft Corp violates the antitrust law.
‘Inappropriate bid’
A coalition of investors with deep -pockets to offer an offer by Musk on 10 February on 10 February and acquire OpenIAI shows that their request for court order immediately to block the conversion of an openi in a profit business of profit ” There is an inappropriate bid to reduce a contestant, “according to the Altman filed in the federal court in Auckland, California.
Altman has stopped the offer of Buyout, saying that Openai is “not for sale,” and is called an overcher by Musk, who owns the rival startup XAI, “try to slow us.”
In response to Altman’s filing, Tesla’s CEO told the court that if the startup stops its reorganization, he would quit his bid for Openai. Musk said that Openai’s board had rejected the proposal before seeing it. This is a violation of fidousi duty, he argued.
If Openi’s board is prepared to preserve the mission of “charity and signs’ for sale”, by stopping its property, will withdraw the musk dialect, “Musk’s lawyers Said that his filing has been said.
“Otherwise, donations should be compensated as to what a weapon-loyal buyer will pay for his property,” he said.
Openai has said that it is important to transfer a non -profit donation to a commercial business, which is a Chattgpt manufacturer to fund Artificial General Intelligence, or Funding to CHATGPT Maker to fulfill his mission to create AGI It is important to achieve a large amount of.
Skeptical judge
On hearing on 4 February, Rogers indicated that she was not convinced that she needed to take immediate action against Openai. She said she was reluctant to issue such an order in the “billionaires versus billionaires” case and called Musk’s argument that she faces an “irreparable loss” a “stretch”.
The judge said that she would probably let Musk take Openi for testing – and would need to at least testimony to some of her claims. The lawyers told him that a case could be prosecuted at the end of 2026.
According to Openai’s filing, Musk’s move to control Openai opposed his position in the court that a transfer of the property of the startup through restructuring would dissolve his mission as a charitable trust.
“Outside the court, those obstacles do not apply clearly, so until Kasturi and their colleagues are buyers,” Openai said. “Musk would have shifted all its assets to all its assets for its economic benefit and its competitor AI business and hand -selected private investors.”
This case is Musk V. Altman, 24 -CV -04722, US District Court, Northern District California (Okalland).
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