OpenAI's board of directors firmly rejected Elon Musk's unsolicited offer to buy the company for $97.4 billion. The board, led by Bret Taylor, stated that OpenAI is not for sale and emphasized its commitment to ensuring that artificial general intelligence (AGI) benefits all humanity. This rejection comes amidst a long-standing feud between Musk and OpenAI CEO Sam Altman, who has publicly criticized Musk's attempts to gain control of the company. Musk, who co-founded OpenAI but departed in 2018, argues that OpenAI has strayed from its original open-source principles and proposes to return it to its former state.
OpenAI's board of directors on Friday flatly refused Elon Musk 's unprompted bid to buy the company.'OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest attempt to disrupt his competition. Any potential reorganization of OpenAI will strengthen our nonprofit and its mission to ensure AGI benefits all of humanity,' Bret Taylor, chair of OpenAI's board, said in a Friday statement posted on X.
''But we are surprised to see the Board, which has strict fiduciary duties to carefully consider the bid in good faith on behalf of the charity, use the same kind of deflective double-talk Altman used in testifying to the Senate,' Toberoff' said. 'Of course they're putting the charity's assets up for sale. That's what their 'reorganization' is all about.
OPENAI ELON MUSK ACQUISITION ARTIFICIAL INTELLIGENCE BOARD OF DIRECTORS
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