openai takeover - Search News

Elon Musk's $97 Billion OpenAI Bid

Hosted on MSN · 2d

OpenAI considers new powers for its nonprofit board to fend off hostile takeover from Elon Musk

OpenAI is considering granting special voting rights to its nonprofit amid its transition to a for-profit company. By giving the board special voting rights, the company would be able to address criticism it had moved away from its mission of creating AI for the benefit of humanity.

Ars Technica · 2d

OpenAI board considers special voting powers to prevent Elon Musk takeover

"Special voting rights could keep power in the hands of its nonprofit arm in future and so address the Tesla chief's criticisms that Altman and OpenAI have moved away from their original mission of creating powerful AI for the benefit of humanity," the FT wrote.

Business Insider · 2d

OpenAI Fights Back against Musk’s $97 Billion Takeover Bid with Special Voting Rights

OpenAI, the force behind ChatGPT, is taking steps to safeguard its leadership amid an unexpected $97 billion takeover bid from Elon Musk,

2don MSN

OpenAI may give board special voting rights to ward off takeover attempts

To fend off future hostile takeover attempts, OpenAI is reportedly considering giving its board special voting rights.

2d

OpenAI Eyes Special Voting Rights to Counter Musk’s $97 Billion Takeover Bid

Microsoft (MSFT)-backed OpenAI is exploring the idea of granting special voting rights to its non-profit board to protect its ...

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