Openai Weighs Special Voting Rights to Guard Against Hosile Takeovers: Report

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 governance 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 become a profit-Dr.

If implemented, the special Voting rights would allow the non-protrd to overrule major investors, include backers like Microsoft and SoftbankEnsuring it retains decision-making power, the report said.

© Thomson Reuters 2025

(This story has not been edited by ndtv staff and is auto-generated from a syndicated feed.)

Leave a Comment