Elon Musk’s full offer letter to buy OpenAI reveals five key details
Elon Musk's offer to buy OpenAI for $97.4 billion has a clear deadline: May 10. There is a stipulation that the buyers are able to examine OpenAI's financial and business records and interview OpenAI staff before the all-cash transaction is finalized. The offer undermines Musk's legal claims that OpenAI's startup's assets can't be transferred away for private gain. Musk will drop the bid to acquire OpenAI if the board commits to keeping it as a nonprofit.