OpenAI Plans Restructuring To Prevent Hostile Takeovers

According to Odaily, OpenAI is pursuing a largely untested corporate structure to shield itself from hostile takeovers and protect CEO Sam Altman from external interference. The artificial intelligence startup, which secured $6.6 billion in new funding last week, is planning to restructure as a Public Benefit Corporation (PBC). Multiple sources familiar with the company's strategy indicate that one key advantage of the PBC structure is its potential to thwart unwanted acquisitions or demands from activists. This means that existing investors, such as Microsoft or other parties, may face challenges if they attempt to acquire OpenAI. The PBC structure obligates OpenAI to balance the best interests of shareholders, the public, and stakeholders, including employees and society. A knowledgeable source stated that this approach to the company's