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OpenAI Board Unanimously Rejects $97.4 Billion Musk Proposal

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Elon Musk has made a takeover bid to OpenAI, the parent company of ChatGPT, worth $97.4 billion, but it has been rejected by the company's board of directors. The board unanimously voted against the proposal, citing that it is not in the best interests of OpenAI's mission.

    1. Two days ago, you filed a pleading in court adding new material conditions to the proposal. As a result of that filing, it is now apparent that your clients' much publicized 'bid' is in fact not a bid at all.
    2. OpenAI is not for sale, and the board has unanimously rejected Mr Musk's latest attempt to disrupt his competition. Any potential reorganisation of OpenAI will strengthen our non-profit and its mission to ensure AGI benefits all of humanity.
OpenAI Board Unanimously Rejects $97.4 Billion Musk Proposal