Elon Musk continued to make announcements that stopped people in their tracks by submitting an offer to acquire OpenAI. The artificial intelligence (AI) startup responsible for building ChatGPT is one of the most closely watched companies in the tech space,

The rivalry between Elon Musk and OpenAI has reached a new high after the company’s board unanimously rejected Musk’s bid, labeling it as an attempt to disrupt competition. OpenAI chairman Bret Taylor reinforced the organization’s stance,

Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk is separately raising money for his A.I. start-up, xAI.

Elon Musk says he is prepared to drop his attempt to buy OpenAI if the ChatGPT maker maintains its current structure.

SAN FRANCISCO (AP) — 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 to disrupt his competition,” said a statement Friday from Bret Taylor, chair of OpenAI’s board.

"Special voting rights could keep power in the hands of its nonprofit arm in future and so address the Tesla chief's criticisms that Altman and OpenAI have moved away from their original mission of creating powerful AI for the benefit of humanity," the FT wrote.

OpenAI is considering granting special voting rights to its non-profit board to preserve the power of its directors, as the ChatGPT-maker fends off an unsolicited takeover bid from Elon Musk, the Financial Times reported on Tuesday.

A group of investors led by Elon Musk says it is offering $97.4 billion to buy OpenAI, escalating a legal dispute with the artificial intelligence company that Musk helped found.

On Feb. 10, a group of investors led by Elon Musk offered to buy OpenAI's nonprofit arm for $97 billion. OpenAI and its CEO Sam