OpenAI rejected a reported $97.4 billion takeover offer from an Elon Musk-led investor group. OpenAI Chair Bret Taylor said Friday the company is "not for sale," after CEO Sam Altman rebuffed the ...
With OpenAI still overseen by a nonprofit parent, its effort to flatly reject Musk's takeover bid may be complicated. That's because the board doesn't have a fiduciary responsibility to investors ...
OpenAI says its board of directors has unanimously rejected a $97.4 billion takeover bid by Elon Musk. "OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest attempt ...
Strengthening Board Control - OpenAI is exploring governance changes that would grant its nonprofit board enhanced voting rights ...
OpenAI’s board of directors has turned down Elon Musk’s $97.4 billion bid to buy the nonprofit that controls the artificial intelligence company. “OpenAI is not for sale, and the board has ...
Elon Musk recently attempted an unsolicited takeover of OpenAI that was rejected by CEO Sam Altman and OpenAI's nonprofit board. Now the creator of ChatGPT reportedly wants to make sure that any ...
OpenAI is considering granting new voting rights to its nonprofit board in a move that could help it fight an unsolicited takeover bid from Elon Musk, the Financial Times reported last night.
OpenAI has categorically rejected Elon Musk’s proposed $97.4 billion takeover offer, saying it was “not a bid at all.” In a letter to Musk’s attorney, OpenAI’s lawyer William Savitt said ...
OpenAI stated that its board of directors has unanimously rejected Elon Musk's $97.4 billion takeover offer. "OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest ...