SAN FRANCISCO – OpenAI says its board of directors has unanimously rejected a $97.4 billion takeover bid by Elon Musk.
OpenAI today rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale and that any future bid would be disingenuous.
Its announcement comes at a time when companies in the U.S. are facing greater investor scrutiny over their massive spending on the technology.
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