Breaking: OpenAI Slams Door on Musk’s $97.4B Takeover Attempt, Calling it a ‘Competitive Disruption’
OpenAI’s board has unanimously rejected Elon Musk’s unprecedented $97.4 billion takeover bid, calling it an attempt to disrupt competition. The ChatGPT maker’s chairman Bret Taylor emphasized that the AI company is not for sale, highlighting growing tensions between the tech giant and its former co-founder. This dramatic development comes as OpenAI navigates its transition from a hybrid structure to a traditional for-profit model, while Musk’s competing AI venture, xAI, struggles to keep pace in the artificial intelligence race. The rejection raises questions about the future of AI development and corporate control in Silicon Valley.