Elon Musk says he’ll drop OpenAI bid if its board does this: report

Elon Musk will withdraw his unsolicited bid of $97.4 billion to take over OpenAI if its board of directors stops the company’s conversion into a for-profit entity, a report said. 

The development reported by The Wall Street Journal comes after OpenAI CEO Sam Altman rejected Musk’s offer earlier this week, saying that the SpaceX and Tesla CEO is “probably just trying to slow us down” and that OpenAI – the maker of ChatGPT – is not for sale. 

“If [the] OpenAI board is prepared to preserve the charity’s mission and stipulate to take the ‘for sale’ sign off its assets by halting its conversion, Musk will withdraw the bid,” Musk’s lawyers wrote in a court filing Wednesday, according to the newspaper. 

Both Musk and Altman started OpenAI…