OpenAI's board of directors unanimously rejected Elon Musk's attempted $97.4 billion acquisition of the company, emphasizing that their commitment to ensuring artificial intelligence benefits humanity remains untouched. The board chair, Bret Taylor, characterized Musk's bid as merely a recurring effort to disrupt competition. CEO Sam Altman stood firm in supporting the nonprofit’s vision, underlining that the company is not for sale. The rejection was no surprise to Musk’s investor group, who noted the board's duty to consider such offers in good faith, but they expressed disappointment with the reasoning behind the refusal.
Musk's latest attempt to disrupt his competition was met with a unanimous rejection from OpenAI's board, reiterating the company's mission to benefit humanity.
CEO Sam Altman expressed that OpenAI is not for sale, indicating this is a persistent issue Musk has pursued over time.
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