Financial Times reported on Tuesday that Openai is considering granting its nonprofit committee special voting rights to protect the power of its directors as Chatgpt-M-Menaker reported on Tuesday that Chatgpt-M-Maker thwarted Elon Musk’s proactive acquisition bid.
CEO Sam Altman and board members are evaluating new governance measures as the company transitions to a traditional for-profit structure and cites people who are directly aware of the discussion, the report said.
Openai did not immediately respond to Reuters’ request for comment.
Although no definite decision has been made, the move could help Openai block future hostile takeover attempts, including from Musk, who co-founded the company with Altman, but later left.
On Friday, Openai rejected a $97.4 billion (about Rs 846,877.7 billion) acquisition offer obtained by a consortium led by Musk, saying the startup was not for sale and dismissed any future Bidding.
Musk’s proposal is his latest effort to prevent Openai from becoming a profit-driven company as it seeks more money to keep the AI race competitive.
The report said that if implemented, the special voting rights would allow the nonprofit committee to cover major investors, including supporters such as Microsoft and SoftBank, to ensure they retain decision-making power.
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