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CosmicTaco
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OpenAI Rejects Musk's $97.4B Bid

  • OpenAI has turned down a $97.4 billion offer from Elon Musk's consortium, stating the company is not for sale.
  • The bid is seen as Musk's attempt to prevent OpenAI from becoming a for-profit entity, a move he has opposed since leaving the company.
  • OpenAI's board emphasized their commitment to their nonprofit mission, while Musk's legal team criticized the decision as self-serving.

Source: Hindustan Times, Moneycontrol

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5mo ago
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