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San Francisco, CA, February 18, 2025 – OpenAI is evaluating a proposal to grant special voting rights to its non-profit board as a measure to safeguard its decision-making power amid recent hostile takeover attempts.
The move, reported by Reuters and the Financial Times, comes as the company navigates a transition toward a more traditional for-profit structure.
According to sources familiar with the discussions, CEO Sam Altman and board members are considering new governance measures that would enable the non-profit board to overrule major investors, including significant backers such as Microsoft and SoftBank. The proposal is seen as a preemptive step to block future hostile takeover bids, including an unsolicited $97.4 billion acquisition offer from a consortium led by Elon Musk that was rejected by OpenAI on Friday.
Musk, a co-founder of OpenAI who later departed the company, reportedly made the bid in an effort to prevent OpenAI from shifting toward a profit-driven model as it seeks additional funding to remain competitive in the rapidly evolving AI sector. OpenAI dismissed the offer and any future bids as disingenuous, emphasizing that the startup is not for sale.
While no firm decisions have been made regarding the special voting rights, the proposed governance change underscores OpenAI’s commitment to maintaining strategic control during its structural transition. OpenAI has not immediately commented on the report.
As the company weighs its options, the potential implementation of special voting rights could set a precedent for how AI startups balance investor interests with long-term strategic and ethical considerations in a highly competitive industry.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Archaeologists have uncovered a 3,500-year-old city in northern Peru that likely served as a key trade hub connecting ancient coastal, Andean, and Amazonian cultures.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
On July 4, Azerbaijani President Ilham Aliyev met with Turkish President Recep Tayyip Erdoğan in Khankendi, reaffirming the deep-rooted alliance between the two nations.
Around 2,145 senior-ranking employees at the U.S. National Aeronautics and Space Administration (NASA) are set to leave under a push to shed staff, Politico reported on Wednesday citing documents obtained by the news outlet.
A woman from Guadeloupe has become the only known person in the world with a newly discovered blood group, which French scientists have named “Gwada negative.”
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Matt Turnbull, executive producer at Xbox Game Studios Publishing, faced criticism after a LinkedIn post recommending artificial intelligence tools to help employees deal with the emotional impact of job cuts.
A Chinese-made robot dog named Black Panther has reached a top speed of 10.3 metres per second (34 feet per second), setting a new world record for robotic dogs and approaching the speed of elite human sprinters, according to state media Xinhua News.
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