OpenAI Board Rejects Elon Musk's $97.4 Billion Offer

Reported 25 days ago

OpenAI's board has unanimously rejected Elon Musk's $97.4 billion bid for the AI startup, stating it is not for sale and any future offers would be disingenuous. The rejection comes as Musk aims to prevent OpenAI's transition to a for-profit model, which the board argues will strengthen its nonprofit mission. Musk, who co-founded OpenAI, has been in conflict with the organization, alleging that its profit-driven direction undermines its original purpose.

Source: YAHOO

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