Elon Musk will withdraw bid for OpenAI's nonprofit if its board agrees to terms | TechCrunch

For context:

This bid is an attempt at a threat because it overvalued the perceived value of the non profit side of openai.

Openai has a known perceived total value. (dont know how much exactly) Musk wants to lay the argument that by refusing his bid. Most of that value is in the non profits side and thus less in the for profit side.

This is a threat because the profit side is where openai partners, like Microsoft have their stake. So its lowering the perceived monopoly money of those shareholders.

Of course can be ignored. OpenAi has stated they can refuse on many other reasons unrelated to the bidding price.

Also OpenAi is a fascist collaborator just like musk.

Source: ai explained yt channel