What’s in the Art Plan of Elon Musk’s OpenAI offer?

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What’s in the Art Plan of Elon Musk’s OpenAI offer?
Under the leadership of Elon Musk, an investor group offered to purchase the Snow Foundation, which controls OpenAI, one of the largest players in the artificial world of intelligence, for $ 97.4 billion. However, this does not only mean a simple offer. This proposal, which is financed with the support of Musk’s AI initiative XAI and foreign investors, can slow down OpenAI’s transition to a completely profit -oriented structure.

OpenAI CEO Sam Altman clearly rejected Musk’s offer. “No thanks, but if you want, we can buy Twitter for $ 9.74 billion if you want” in his share in the social media platform X (formerly called twitter).

The tension between Musk and Altman is not new. Although Musk was one of the first founders of OpenAI, he criticized the transformation of the company into a commercial structure and filed lawsuits against OpenAI.

As it is known, the corporate structure of OpenAI is extremely complex. The company was founded in 2015 as a non -profit organization, but in 2019, the “restricted profit” model. However, the non -profit organization continues to undertake the management of the company. Now it aims to become a company that is fully intended for a profit to attract further capital.

However, his proposal may delay this transformation process and make the process more complex by increasing the value of OpenAI. In particular, the Chief Public Prosecutor of some of the US states in the United States demanded more information about the commercial transformation process of OpenAI. Musk’s proposal may force OpenAI management to seriously evaluate external offers.

Why is Musk’s proposal critical?

Legal experts say that Musk’s proposal is not only a purchase attempt, but also a strategic move that increases OpenAI’s valuation. OpenAI is currently trying to attract investment over a valuation of approximately 260 billion dollars. The Information reports that OpenAI’s non -profit organization is planned to take 25 percent of the profit -oriented organization of OpenAI. Musk’s $ 97.4 billion offer shows that OpenAI’s basic assets can be more valuable than he thinks.

In addition, if the OPENAI Board of Directors rejects this proposal, it is said that Musk can make the process even more difficult. It is already known that OpenAI has applied for a precautionary measures to stop the transformation of profit.

Experts say that the OpenAI board of directors has the right to reject Musk’s offer and that it is likely to do it. The Company may argue that Musk has attempted a hostile to take over, that its financial capacity is insufficient, or that OpenAI’s current restructuring process invalidates such a purchase proposal.

If the OpenAI management has to show that this proposal does not harm the company’s mission, it may have to create a greater value for investors. This can reshape OpenAI’s capital increase plans and put existing investors, especially large partners such as Microsoft, into a challenging negotiation process.

Musk’s offer is as complicated as the institutional structure of OpenAI. The most accurate explanation is; Musk wants to undermine or make it difficult to undermine OpenAI’s value by raising the value of OpenAI. If the process was transferred to the legal basis in the future, Altman hurriedly said “No thanks, but if you want, we can buy Twitter for $ 9.74 billion” sharing will not be seen optimistic by the organizers.