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

In order to prevent the future hostile techover attempts, Open is considered to give its non -profit board the right to special voting, according to A new report in the Financial TimesThe

Rights will allow the board to open the company’s big investors by saving some of its powers after OpenAI By completing its conversion For a profit. Opena was previously established as non -profit Convert to a “capped-price” structure In 2019. The company is now in the process of restructuring again, this time to a public benefit corporation.

Last week, A team of investors Under the leadership of Billionaire Elon Mask, it was proposed to purchase the non -profit $ 97.4 billion in the Open. Opening Board unanimously rejected Offer, but the steps could Still a crushing In Openai’s plans.

The goal of the Openai is to spread its non-profit, which will appoint its own staff and leadership team-free the arm for profit to operate and control the business and activities of the Open. Opena has promised its investors that it will complete the conversion by the end of 2026.