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OpenAI Board rejects Elon Musk’s offer to buy OpenAI

OpenAI’s Board issued a statement rejecting Elon Musk’s $97 billion offer to buy OpenAI, even though Elon Musk has his own AI company called xAI. Musk has also sued OpenAI and Microsoft alleging various claims, including antitrust violations. This is the second lawsuit Musk has brought against OpenAI, a company that he formerly provided funding until a falling out.

“OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition. Any potential reorganization of OpenAI will strengthen our nonprofit and its mission to ensure AGI benefits all of humanity.”

—Bret Taylor, Chair, on behalf of the OpenAI Board of Directors

@bloombergbusiness

“Probably his whole life is from a position of insecurity.” #OpenAI CEO Sam Altman said the company is “not for sale” and Elon #Musk is probably trying to delay its progress with an unsolicited bid for the #AI firm.

♬ original sound – Bloomberg Business
@listentotimesradio

“I’m sad, I still look up to him as someone who’s accomplished incredible things.” Sam Altman says he’s no longer friends with Elon Musk and doesn’t miss him as a friend. Listen to the full interview with Sam Altman on The Times Tech Podcast. #openai #elonmusk #ai #tech #podcast #fyp #news #siliconvalley #usatiktok

♬ original sound – Times Radio 📻

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