Musk's Ultimatum: Preserving OpenAI's Charitable Mission

Elon Musk is set to withdraw his bid for OpenAI's non-profit division if the board promises to maintain the charity's mission and stop the conversion of its assets. This move follows Musk's $97.4 billion offer to purchase the non-profit's assets, aiming to ensure the organization's original mission.

Elon Musk, the world's richest individual, has presented OpenAI with an ultimatum regarding its non-profit division. Musk's legal team disclosed in a recent court filing that he will retract his bid if OpenAI's board agrees to preserve the organization's charitable mission.

The filing, dated Wednesday, stipulates that Musk's withdrawal is contingent upon the board taking down any "for sale" signs from OpenAI's assets, effectively halting its conversion.

This development comes after Musk led a consortium of investors on Monday to offer a staggering $97.4 billion for OpenAI's assets, marking another significant move in his ongoing interest in influencing the future of artificial intelligence.

(With inputs from agencies.)