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 unanimously rejected Mr. Musk's latest attempt to disrupt his competition,” OpenAI chairman Bret Taylor said in a post on the social platform X on Friday afternoon.

“Any potential reorganization of OpenAI will strengthen our nonprofit and its mission to ensure AGI benefits all of humanity,” he added.

A group of investors led by Musk made the unsolicited bid for OpenAI earlier this week, amid the AI firm’s push to become a for-profit entity. In a court filing Wednesday, the tech billionaire said he would

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