In a bid to avert potential hostile takeovers down the road, OpenAI is contemplating providing special voting rights to its non-profit board, according to a report from the Financial Times. Although the board of OpenAI unanimously turned down this offer the move could still impact the company’s strategies. OpenAI’s objective is to segregate its non-profit branch which will operate with its own staff and leadership team enabling the for-profit section to handle the management and oversight of the company’s business and operations. OpenAI has reassured its investors that this transition will be finalized by the conclusion of 2026.
. These specific rights would empower the board to supersede major investors within the company, preserving its authority as OpenAI makes the shift to a for-profit entity. Originally set up as a non-profit organization, OpenAI made the transition to a “capped-profit” model in 2019 and is currently in the midst of reorganizing once again, this time as a public benefit corporation.
Recently, a consortium of investors, spearheaded by billionaire Elon Musk, proffered $97.4 billion to acquire OpenAI’s non-profit sector
