Microsoft (MSFT)-backed OpenAI is exploring the idea of granting special voting rights to its non-profit board to protect its leadership following an unexpected $97 billion takeover bid from Elon Musk, according to the Financial Times.
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The billionaire’s attempt to take control of the AI powerhouse has sent shockwaves through the tech world. However, OpenAI’s CEO, Sam Altman, has firmly rejected Musk’s bid, stressing that the company’s mission extends beyond financial offers and must remain independent to shape the future of AI.
OpenAI Weighs New Governance to Secure Control
To further secure its autonomy, OpenAI is exploring a new governance restructure that could transition it from a non-profit research group to a for-profit public benefit corporation (PBC). This new model would allow OpenAI to balance its profit-driven ambitions with social responsibility, protecting it from any such takeover attempts.
With this new structure, OpenAI aims to continue attracting investors and securing the funds needed to compete with rivals like Alphabet (GOOGL).
What Are the Best AI Stocks to Buy?
For investors interested in investing in the artificial intelligence sector, we have rounded up the best stocks that analysts are bullish about, using the TipRanks Stock Comparison tool.
From this graph below, it appears that analysts are bullish about Nvidia (NVDA), Amazon (AMZN), Micron (MU), Meta Platforms (META), and Microsoft. Among these “Strong Buy” stocks, analysts see the highest upside potential in Micron stock.
