OpenAI's board has not received Musk's takeover bid, source says


Sam Altman, CEO of OpenAI at Station F, during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, France, Feb. 11, 2025. Aurelien Morissard/Pool via REUTERS

NEW YORK/PARIS (Reuters) -OpenAI's board has not yet received a formal bid from an Elon Musk-led consortium, although a lawyer for the billionaire said the offer had been sent to OpenAI's outside counsel.

A day after Musk publicized a bid to offer $97.4 billion to buy the nonprofit that controls ChatGPT maker OpenAI, the two sides were still at odds over what exactly happened to the formal bid.

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