Maker of ChatGPT rebuffs consortium led by Tesla owner and rejects ‘latest attempt to disrupt his competition’

OpenAI on Friday rejected a $97.4bn bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale.

The unsolicited approach is Musk’s latest attempt to block the startup he co-founded with CEO Sam Altman – but later left – from becoming a for-profit firm, as it looks to secure more capital and stay ahead in the AI race.

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Source: https://www.theguardian.com/technology/2025/feb/14/openai-elon-musk