OpenAI Seeks New Powers Amid Musk Hostile Takeover Concerns

OpenAI, the AI development company behind the popular chatbot model ChatGPT, is reportedly seeking new powers and authority to counter potential threats from Elon Musk. According to sources, Musk has been vocal about his dissatisfaction with OpenAI’s leadership and governance structure.

Musk, who co-founded PayPal and founded SpaceX, has made it clear that he is not pleased with how OpenAI has handled certain matters, including the development of ChatGPT. The billionaire entrepreneur has hinted at acquiring a majority stake in the company, which could lead to significant changes in OpenAI’s management.

OpenAI’s board of directors has reportedly been exploring ways to strengthen its governance and decision-making processes to prevent any hostile takeover attempts. This includes examining potential partnerships with external advisors or seeking additional funding from investors.

The move comes as OpenAI continues to expand its operations and invest in new technologies. The company’s AI models have gained significant traction, and it is now considered one of the leading players in the burgeoning field of artificial intelligence.

While Musk has not explicitly stated his intentions regarding OpenAI, the situation highlights the growing competition and tensions within the tech industry. As OpenAI looks to secure its future, it remains to be seen how this will play out in the coming weeks and months.

Source: https://www.ft.com/content/5af7279f-5996-46f8-a7b9-f35d966880a0