OpenAI may give board special voting rights to ward off takeover attempts
To fend off future hostile takeover attempts, OpenAI is considering giving its non-profit board special voting rights, according to a new report in the Financial Times. The rights would allow the board to overrule major investors in the company, preserving some of its powers after OpenAI completes its transition to a for-profit. OpenAI was founded […] © 2024 TechCrunch. All rights reserved. For personal use only.
To fend off future hostile takeover attempts, OpenAI is considering giving its non-profit board special voting rights, according to a new report in the Financial Times. The rights would allow the board to overrule major investors in the company, preserving some of its powers after OpenAI completes its transition to a for-profit. OpenAI was founded […]
© 2024 TechCrunch. All rights reserved. For personal use only.
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