News list for " Musk initiative"
OpenAI plans to grant non-profit board privileges in response to Musk's "hostile takeover"
OpenAI, a start-up valued at $157 billion, is considering giving its non-profit board special voting rights to defend the power of its directors in an effort to fend off Musk's unsolicited takeover offer. CEO Sam Altman and other board members are weighing a range of options following OpenAI's transformation into a more traditional for-profit company, according to people familiar with the discussions.
2025-02-18 05:14:55
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