ChatGPT maker OpenAI may have a ‘plan’ to avoid Elon Musk’s takeover bid
ChatGPT maker OpenAI is reportedly considering granting special voting rights to its non-profit board. This comes after Elon Musk backed by a team of investors made a bid to takeover the Microsoft-backed artificial intelligence startup.
According to a report by The Financial Times, this move aims to preserve the power of OpenAI’s directors amid the takeover attempt and the company’s transition to a for-profit structure. The report cites people with direct knowledge of the discussions to claim that the company’s CEO Sam Altman and board members are evaluating this move and other governance measures to maintain control and stability during this critical period.