Elon Musk to Withdraw Bid for OpenAI's Nonprofit Arm if Mission Preserved
Lawyers representing Elon Musk have stated in a court filing that he will retract his offer to purchase OpenAI's non-profit division if the board agrees to maintain the organization's charitable objectives. According to the filing, Musk will withdraw his bid if the OpenAI board pledges to preserve the charity's mission and cease selling its assets. This move comes after a consortium of investors led by Musk recently offered $97.4 billion for the assets of OpenAI's non-profit entity, marking Musk's latest attempt to acquire the artificial intelligence startup.