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OpenAI board unanimously rejects Elon Musk’s $97.4B offer

Openai on Friday rejected a $97.4 billion bid from a consortium of ChatGpt makers led by billionaire Elon Musk, saying the startup is not on sale.

The unsolicited approach is Musk's latest attempt to block a startup co-founded with CEO Sam Altman.

“Openai is not on sale. The board unanimously rejected its latest attempt to disrupt Musk's competition. The potential reorganization of Openai is to take part in our nonprofit organization and its We strengthen our mission and ensure that AGI benefits all humanity,” Chairman Bret Taylor said on behalf of the board.


The unsolicited approach is the latest attempt to block the startup Elon Musk co-founded with CEO Sam Altman. AFP via Getty Images

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After Musk departed in 2019, Openai created a for-profit division that raised billions of dollars. AP

Altman and Musk have been at Loggerheads for many years.

After Musk left in 2019, Openai created a for-profit division attracting billions of dollars in fundraising, with masks claiming that startups violated their original mission by making more profits than larger public goods. caused an allegation from.

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