OpenAI board unanimously rejects Elon Musk-led group's $97.4 billion buyout offer

OpenAI board has rejected a $97.4 billion bid by a consortium of investors led by world's richest man Elon Musk to buy the company's non-profit arm. "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 statement on behalf of the board.