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OpenAI Turns Down Elon Musk’s $97.4 Billion Bid

On February 14, 2025, OpenAI’s board of directors unanimously rejected a $97.4 billion acquisition offer from a consortium led by Elon Musk. The board emphasized that OpenAI is not for sale and reaffirmed its commitment to ensuring artificial general intelligence (AGI) benefits all of humanity. AP News Background of the Offer Elon Musk, a co-founder…