"Special voting rights could keep power in the hands of its nonprofit arm in future and so address the Tesla chief's criticisms that Altman and OpenAI have moved away from their original mission of creating powerful AI for the benefit of humanity," the FT wrote.

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 takeover bid from Elon Musk, Financial Times reported on Tuesday.

OpenAI says its board of directors has 'unanimously' rejected billionaire Elon Musk's offer to buy the nonprofit that effectively governs OpenAI.

On Monday, Toberoff disclosed that Musk was leading a group of investors in offering to buy control of OpenAI for $97.4 billion. The offer, which Toberoff said he submitted Monday, was for the nonprofit that oversees the developer of ChatGPT.

Elon Musk continued to make announcements that stopped people in their tracks by submitting an offer to acquire OpenAI. The artificial intelligence (AI) startup responsible for building ChatGPT is one of the most closely watched companies in the tech space,

OpenAI is considering a strategic move to fortify its non-profit board with special voting rights, aiming to thwart future hostile takeover attempts. The decision comes in the wake of a $97.4 billion acquisition offer led by billionaire Elon Musk and his group of investors.

If you have any questions, connect with me on LinkedIn: Email me at: [email protected] Elon Musk's $97.4 Billion OpenAI Takeover Bid: What's REALLY Going On? Elon Musk is leading a group of investors with a $97.