OpenAI defends its shift to a for-profit model, citing funding needs and mission alignment, as Musk’s lawsuit threatens its ...

Altman, who has said OpenAI is not for sale, rejected a $97.4 billion unsolicited takeover bid earlier this year from a Musk-led consortium with a "no thank you." (Reporting by Anna Tong in ...

February 2025: A consortium of investors led by Musk placed a bid of $97.4 billion to purchase OpenAI. The company’s board of directors quickly rejected the offer, noting that OpenAI was “not ...

OpenAI has denied Musk’s legal claims and has argued that his real agenda in the court fight is to advance xAI. It has asked the judge to dismiss Musk’s suit as a bid to “undermine a ...

In a recent development, OpenAI’s board unanimously rejected an unsolicited takeover bid led by Elon Musk. Sam’s “No Thank You.” response on the Musk-owned post on X was clear and swift.

It competes with the likes of Microsoft-backed OpenAI as well as with Chinese startup DeepSeek. In February, Musk, 53, made a $97.4 billion bid with a consortium for OpenAI, which was rejected and ...

Altman, who has said OpenAI is not for sale, rejected a $97.4 billion unsolicited takeover bid earlier this year from a Musk-led consortium with a “no thank you.” Al Arabiya’s trending ...