OpenAI rejects Musk’s takeover offer, says it was ‘not a bid at all’

The ChatGPT inventor OpenAI has rejected Elon Musk's billion-dollar takeover offer, but the planned restructuring is now becoming more complicated.

OpenAI board unanimously rejects Musk's $97.4 billion proposal

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," said a statement Friday from Bret Taylor, chair of OpenAI's board. OpenAI attorney William…

OpenAI officially rejects Musk's $94 billion buyout offer

OpenAI's board rejected a bid to buy the company from Elon Musk. The company reiterated it is not for sale. Musk claimed he would drop the offer if the company abandoned plans to shift to a for-profit model. OpenAI's lawyer said the “much-publicized ‘bid’ is in fact not a bid at all.” Full Story ChatGPT-maker OpenAI officially rejected Elon Musk’s $94.7 billion bid to buy the company. The startup said it is not for sale and said the decision by …

OpenAI Board 'Unanimously' Rejects $97bn Musk Takeover Bid

OpenAI chairperson Bret Taylor dubbed the bid an 'attempt to disrupt his competition' in an official statement.

The artificial intelligence company that owns ChatGPT, OpenAI, has formally rejected the purchase offer of $97,400 (about 92.8 billion euros) presented by a group of investors led by billionaire Elon Musk.

News24 Business | Hard no: OpenAI board 'unanimously' rejects Elon Musk-led buyout offer

OpenAI's board chair on Friday said it had turned down an Elon Musk-led offer to buy the hot artificial intelligence company for $97.4 billion, saying the board "unanimously rejected Mr Musk's latest attempt to disrupt his competition".