Business Insider logo
Boston Herald logo
Boston Herald logo
16 sources
•
10M ago

OpenAI Unanimously Rejects Elon Musk's $97.4 Billion Takeover Bid Amid Legal Turmoil

OpenAI's board refuses Elon Musk's $97.4 billion bid, reaffirming commitment to its nonprofit mission amid ongoing legal disputes.

L 6%
C 44%
R 50%

Overview

A summary of the key points of this story verified across multiple sources.

OpenAI's board has unanimously dismissed Elon Musk's $97.4 billion takeover bid, emphasizing that the organization is not for sale. Musk, who claims OpenAI is deviating from its founding nonprofit mission, has initiated legal action, suing the company for breach of contract. OpenAI attorney William Savitt stated that Musk’s proposal, presented with new conditions, does not serve the nonprofit’s interests. Musk indicated he would withdraw his offer if OpenAI halts its plans for a for-profit conversion. Despite Musk's claims, OpenAI's leadership remains committed to its mission to build safe and beneficial AI.

Written using shared reports from
16 sources
.
Report issue

Analysis

Compare how each side frames the story — including which facts they emphasize or leave out.

Analysis unavailable for this viewpoint.

How we categorize media bias

Sources (16)

Compare how different news outlets are covering this story.

Center (7)

History

See how this story has evolved over time.

This story does not have any previous versions.