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OpenAI board unanimously rejects Elon Musk’s takeover bid

Business

OpenAI board unanimously rejects Elon Musk’s takeover bid

OpenAI says its board of directors has unanimously rejected a 97.4 billion dollar (£77.3 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 from Bret Taylor, chairman of OpenAI’s board. OpenAI lawyer William Savitt, in a letter to Mr Musk’s lawyer on Friday, said the proposal “is not in the best […]

todayFebruary 15, 2025 5

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