OpenAI board unanimously rejects Elon Musk’s $97.4 billion takeover proposal

SAN FRANCISCO: OpenAI says its board of directors has unanimously rejected a $97.4 billion takeover bid by Elon Musk.

“OpenAI is not for sale, and the board has unanimously rejected Mr Musk’s latest attempt to disrupt his competition,” said a statement Friday from Bret Taylor, chair of OpenAI’s board.