Openai is Considering Granting Special Voting Rights to Its Non-Profit Board to Preserve The Power of its Directors, as the Chatgpt-Maker Fends Off an unSOLICITED TAKEOOR BIDRON MUSKIL Times Reported on Tuesday.
Chief Executive Officer Sam altman And Board Members are evaluating new government measures as the company transitions to a traditional for-protrofit structure, the report said, citing people with direction of the decisions.
Openai Did not immomelyly respond to a reuters request for comment.
While No Firm Decisions Have Been Made, The Move Block Help Openai Block Future HOSTILE TAKEOR ATKEOOR ATTEMPTS, Including from Musk, Who Co-Founded The Company with Altman But Later opteded.
On Friday, Openai Rejected a $ 97.4 billion (Roughly Rs. 8,46,877 Crore) Acquisition offer from a consortium led by musk, say the startup is not for salary and disasseing any future bids dishinuous.
Musk’s Offer is his latest effort to Prevent Openai from Becoming a Profit-Driven Company as it seeks more funding to stay competition in the artificial intelligence race.
If implemented, the special voting rights would allow the non-profit board to overrule Major Investors, Including Backers like Microsoft and SoftbankEnsuring it retains decision-making power, the report said.
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(Tagstotranslate) Openai Special Voting Rights Guard Against Hosile Takeovers Openai (T) Sam Altman (T) Elon Musk