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OpenAI Board Rejects Musk Takeover Bid

The Information · Stephanie Palazzolo · last updated

OpenAI’s board has formally rejected Elon Musk’s bid to buy the assets of its nonprofit for $97.4 billion, according to a statement posted to X.

The decision, which was expected, comes four days after the entrepreneur originally offered to effectively take control of the OpenAI for-profit arm …

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