OpenAI Rejects Elon Musk’s Unsolicited $32 Billion Buyout Bid

OpenAI, the creator of popular AI chatbot ChatGPT, has unanimously rejected a proposed $32 billion buyout bid from entrepreneur Elon Musk. The rejection comes amidst an ongoing court case between Musk and OpenAI over unpaid taxes on Musk’s Tesla stock holdings. In a statement, OpenAI claimed that Musk’s bid was made as part of the legal proceedings and did not reflect the company’s true interest in selling.

Source: https://www.washingtonpost.com/technology/2025/02/14/openai-board-reject-musk-offer