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OpenAI's board has decisively turned down a $97.4 billion acquisition offer from a consortium led by Elon Musk. The board chair, Bret Taylor, emphasized that OpenAI is not for sale and aims to strengthen its nonprofit mission. This rejection marks a significant moment in the ongoing rivalry between Musk and OpenAI's CEO, Sam Altman.
Musk's bid comes amid his concerns that OpenAI is straying from its original mission to benefit humanity. The investment group backing Musk includes several notable firms, indicating a serious financial interest in OpenAI's future. The situation highlights the tension between profit motives and the ethical considerations surrounding artificial intelligence development.
• OpenAI's board unanimously rejects Musk's acquisition bid.
• Musk's concerns focus on OpenAI's mission to benefit humanity.
AGI refers to highly autonomous systems that outperform humans at most economically valuable work, relevant to OpenAI's mission.
A nonprofit organization operates without profit motives, which is central to OpenAI's stated mission.
Open-source refers to software with source code that anyone can inspect, modify, and enhance, which Musk advocates for OpenAI.
OpenAI is a nonprofit AI research organization focused on ensuring that artificial intelligence benefits humanity.
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