Get the latest tech news
OpenAI says its board of directors ‘unanimously’ rejects Elon Musk’s bid
OpenAI says its board of directors has 'unanimously' rejected billionaire Elon Musk's offer to buy the nonprofit that effectively governs OpenAI.
In a statement shared via OpenAI’s press account on X, Bret Taylor, board chair, called Musk’s bid “an attempt to disrupt his competition.” OpenAI CEO Sam Altman and the company’s board directors quickly — but not formally — dismissed the unsolicited proposal. In a filing earlier the same day, attorneys for OpenAI called Musk’s move to take control of the company “an improper bid to undermine a competitor,” and a contradiction of his position in court that a transfer of the startup’s assets through restructuring would breach its mission as a charitable trust.
Or read this on TechCrunch
