OpenAI Rejects Elon Musk’s $97.4 Billion Bid for Control of the Company
Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk is separately raising money for his A.I. start-up, xAI.
Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk is separately raising money for his A.I. start-up, xAI.
OpenAI said its board "has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition."
Alessio Figalli studies optimal transport, a field of math that ranges from the movements of clouds to the workings of chatbots.
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In a court filing, Mr. Musk said he and other investors would pull their $97.4 billion bid if OpenAI withdrew its plan to change its structure.
The Silicon Valley giant said it made the change last year because it was difficult to keep up with every occasion, but some users questioned the decision.
The company answered the billionaire’s offer in a legal filing, accusing him of hypocrisy.
The social media site agreed to pay in the range of $10 million to settle with the president, who had sued over the suspension of his account in 2021.
The Silicon Valley giant said it made the change last year because it was difficult to keep up with every occasion, but some users questioned the decision.