In a decisive move, OpenAI's board has unanimously rejected a $97.4 billion acquisition offer from a consortium headed by billionaire Elon Musk. The proposal aimed to acquire the ChatGPT creator, but the board firmly stated that OpenAI is not for sale.

This unsolicited bid represents Musk's latest attempt to prevent the company he co-founded with CEO Sam Altman from transitioning into a for-profit entity. OpenAI has been seeking additional capital to maintain its competitive edge in the rapidly evolving artificial intelligence sector.

Bret Taylor, Chairman of OpenAI's board, emphasized the organization's stance, stating, "OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest attempt to disrupt his competition. Any potential reorganization of OpenAI will strengthen our nonprofit and its mission to ensure AGI benefits all of humanity."

The relationship between Altman and Musk has been contentious for several years. Following Musk's departure from OpenAI in 2019, the organization established a for-profit subsidiary, attracting billions in funding. This move has led Musk to allege that OpenAI has deviated from its original mission by prioritizing profit over the broader public good.

Despite Musk's legal challenges and acquisition attempts, OpenAI remains steadfast in its commitment to its foundational mission: developing artificial general intelligence that serves the best interests of humanity.

This development highlights the ongoing debate over the commercialization of artificial intelligence and the ethical considerations surrounding its advancement.