It was also made public that the bid was sent via email and organized as a “detailed four-page Letter of Intent" for purchasing OpenAI’s assets. It was signed by Musk and other possible investors and addressed to the board of directors.
Marc Toberoff also added, “Whether Sam Altman chose to provide or withhold this from OpenAI's other Board members is outside of our control,”.
However, Sam Altman, the CEO of OpenAI, told Reuters that it is not for sale. The offer made by Musk came as a result of the artificial intelligence company's transition to a for-profit company. Even more so, Altmans said “I have nothing to say. I mean, it's ridiculous," regarding the offer.
“The company is not for sale. It's another one of his tactics to try to mess with us”, added Altman referring to Musk. In an internal discussion from the company, OpenAI’s employees said on Monday that they would have rejected the offer, even if they had not officially reviewed the letter.
It is also worth mentioning that Musk confounded the artificial intelligence company with Altman in 2015, the purpose of the company was to remain nonprofit. Yet, Musk left the company before it took off due to disagreements over the company’s direction.
OpenAI is currently in the process of raising $40 billion in order to create the best AI models, as well as transitioning from a nonprofit entity to a for-profit one. And, as a result, General Attorney Kathy Jennings said that she is reviewing OpenAI’s changes in order to ensure the company is “adhering to its specific charitable purposes for the benefit of the public beneficiaries, as opposed to the commercial or private interests of OpenAI’s directors or partners."