OpenAI's board of directors has firmly closed the door on Elon Musk's acquisition plans. In a statement posted on X, board member Bret Taylor framed the decision as a catalyst for positive transformation, announcing plans to strengthen OpenAI's non-profit structure and double down on its founding mission: developing AI that benefits humanity as a whole. The rejection comes in response to a $97.4 billion takeover bid from Musk and a group of investors. Musk claimed he wanted to reshape OpenAI into what he described as an "open-source, safety-focused force." However, OpenAI's CEO Sam Altman sees different motivations at play, suggesting that Musk's real aim is to neutralize a potential competitor to his own AI venture, xAI.

Ad
Image: via X
Support our independent, free-access reporting. Any contribution helps and secures our future. Support now:
Bank transfer
Matthias is the co-founder and publisher of THE DECODER, exploring how AI is fundamentally changing the relationship between humans and computers.
Join our community
Join the DECODER community on Discord, Reddit or Twitter - we can't wait to meet you.