OpenAI says its board of directors has 'unanimously' rejected billionaire Elon Musk's offer to buy the nonprofit that effectively governs OpenAI.

Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk is separately raising money for his A.I. start-up, xAI.

OpenAI says its board of directors has unanimously rejected a $97.4 billion takeover bid by Elon Musk. “OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition,

A lawyer for Elon Musk said the billionaire will withdraw his bid for OpenAI's nonprofit if OpenAI's board of directors agree to terms.

In a court filing on Wednesday, the company said Mr. Musk’s bid contradicted legal claims the billionaire made in a lawsuit he brought against OpenAI last year. OpenAI argued in its filing that Mr. Musk said in his lawsuit the assets must remain with the nonprofit and could not be transferred to another entity for public gain.

OpenAI’s board of directors has turned down Elon Musk’s $97.4 billion bid to buy the nonprofit that controls the artificial intelligence company. “OpenAI is not for sale, and the board has

Elon Musk continued to make announcements that stopped people in their tracks by submitting an offer to acquire OpenAI. The artificial intelligence (AI) startup responsible for building ChatGPT is one of the most closely watched companies in the tech space,

If you have any questions, connect with me on LinkedIn: Email me at: [email protected] Elon Musk's $97.4 Billion OpenAI Takeover Bid: What's REALLY Going On? Elon Musk is leading a group of investors with a $97.

Elon Musk’s ambitious $97.4 billion bid to acquire all assets of OpenAI has been officially rejected by the company’s board of directors. The offer, which Musk claims aims to return OpenAI to its original non-profit roots,