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

Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk is ...

The rejection stated that the board decided the bid was “not in the best interests” of the company’s mission.

The Dow Jones Industrial Average shed 165.35 points, or 0.37%, closing at 44,546.08. The S&P 500 ticked down 0.01% to ...

Musk’s consortium, which includes VCs like Joe Lonsdale’s 8VC and SpaceX investor Vy Capital, is offering exactly $97.375 ...

Today’s Forbes Daily covers TikTok's return to the App Store, Tesla's board chair offloads shares, reciprocal tariffs, how investors can combat inflation and more.

Elon Musk ’s $97.4 billion offer to acquire OpenAI ’s nonprofit arm is the latest salvo in a long-running feud between the ...

In a court filing, Mr. Musk said he and other investors would pull their $97.4 billion bid if OpenAI withdrew its plan to ...

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Elon Musk urges his Twitter, now X followers to engage actively on the platform rather than just observing, quoting an Indian ...

Experts warn that AI and social media inequalities threaten marginalized communities, urging for an "equity by design" framework.

Stock index futures slipped on Tuesday as President Donald Trump signed an order imposing 25% tariffs on steel and aluminum.