PANews reported on February 11 that according to The Information: OpenAI's CEO said the board of directors will reject Musk's $97 billion offer.

This morning, an investment consortium led by Musk proposed to acquire the non-profit organization that controls OpenAI for $97.4 billion. According to the acquisition plan submitted to the OpenAI board of directors, Musk will merge OpenAI with its xAI after the transaction is completed .