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OpenAI board rejects Musk’s $153b bid to control company

OpenAI’s board of directors has formally rejected an offer from a group of investors led by Elon Musk to buy the nonprofit that controls the artificial intelligence company for $US97.4 billion ($153 billion).

“OpenAI is not for sale, and the board has unanimously rejected Mr Musk’s latest attempt to disrupt his competition,” Bret Taylor, OpenAI’s chairman, said in a statement on Friday (Saturday AEDT) on behalf of the board.

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    Original URL: https://www.afr.com/technology/openai-board-rejects-musk-s-153b-bid-to-control-company-20250215-p5lcd5