OpenAI's board rejected a $97.4-billion bid by an Elon Musk-led investment group to buy the San Francisco startup. OpenAI's board chair said the company is not for sale.

SAN FRANCISCO (AP) — OpenAI says its board of directors has unanimously rejected a $97.4 billion takeover bid by Elon Musk.

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The unsolicited offer has complicated OpenAI CEO Sam Altman’s plans for the ChatGPT maker’s future.

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