OpenAI Rejects Musk's $97.4 Billion Takeover Offer

Reported 26 days ago

OpenAI has turned down a $97.4 billion takeover bid from a group led by Elon Musk, asserting that the company is 'not for sale.' OpenAI Chair Bret Taylor's announcement followed CEO Sam Altman's rejection of the offer on social media, emphasizing the company's commitment to its founding mission. The relationship between Musk and Altman has been strained, especially after Musk filed a lawsuit against OpenAI, accusing it of prioritizing profits over its original nonprofit goals.

Source: YAHOO

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