A consortium led by Elon Musk plans to withdraw its $97.4 billion bid for OpenAI, citing the company's potential move towards a for-profit structure. While the original offer has sparked public debate about OpenAI's non-profit status, the company's board hasn't yet made a decision. OpenAI's CEO, Sam Altman, previously rejected the bid, but the board could still accept it. Musk has publicly expressed his desire for OpenAI to become for-profit since 2017.
, this"Musk-led consortium" says they will withdraw the eye-watering $97.4 billion offer, but only if OpenAI's board decides against turning this venture into a for-profit organisation (Viaas of Tuesday. Still, the original bid has arguably succeeded in at least one of its goals: to draw public attention to OpenAI's reported intention to goWhether any amount of public attention will keep OpenAI non-profit still remains to be seen though.
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OPENAI ELON MUSK FOR-PROFIT NON-PROFIT TECH NEWS
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