💨 Abstract

Elon Musk proposed to buy OpenAI, an artificial intelligence company he co-founded, for $97.4 billion, but the offer was unanimously rejected by the board. Musk's bid appears designed to disrupt the company's fundraising efforts, as he wants OpenAI to return to a non-profit structure. The board believes the transition to a for-profit model is crucial for OpenAI's development.

Courtesy: www.thesouthafrican.com

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