OpenAI Board Rejects Elon Musk's $97 Billion Acquisition Offer

Reported 5 days ago

OpenAI's board has unanimously rejected a $97.4 billion acquisition bid led by Elon Musk, asserting that the company is not for sale. This decision comes amidst ongoing tensions between Musk and OpenAI regarding its restructuring plans, which Musk claims undermine its original non-profit mission. The board, emphasizing its commitment to maintaining OpenAI's goals, dismissed Musk's offer despite the potential upheaval it could bring to the AI industry.

Source: YAHOO

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