Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk is separately raising money for his A.I. start-up, xAI.

Billionaire Elon Musk's bid to buy OpenAI, which wants to be a for-profit entity, clashes with his lawsuit arguing that assets of the ChatGPT maker should not be for private gain, OpenAI wrote in a letter it submitted to a federal court on Wednesday.

Musk’s takeover attempt is the latest twist in an escalating battle between the billionaire and the AI firm he co-founded in 2015. His lawsuit, filed last August, argues that OpenAI is violating its o

The board of OpenAI unanimously rejected an unsolicited bid for the company launched by Elon Musk, saying it was a legal tactic not a serious offer.

OpenAI attorney William Savitt said the proposal "is not in the best interests of OAI's mission and is rejected."

Elon Musk continued to make announcements that stopped people in their tracks by submitting an offer to acquire OpenAI. The artificial intelligence (AI) startup responsible for building ChatGPT is one of the most closely watched companies in the tech space,