OpenAI Director Larry Summers Says He Has Not Received Musk Bid

OpenAI director Larry Summers said he has not received any formal outreach from billionaire Elon Musk and his consortium of investors about their $97.4 billion offer to take control of the ChatGPT maker.

“As a board member, I have not received any formal communication of any kind outside of media reports,” Summers said in an interview with Bloomberg Television on Tuesday.