OpenAI is pursuing a largely untested corporate structure to defend itself from hostile takeovers and protect chief executive Sam Altman from outsider interference.
The artificial intelligence start-up, which last week secured $6.6bn in new funding, is planning to restructure as a public benefit corporation, a new and rare type of company model also adopted by AI rivals including Anthropic and Elon Musk’s xAI.
A key benefit of this PBC structure is its potential to thwart an unwanted acquisition or an activist’s demands, according to multiple people familiar with the company’s thinking. This means an existing investor such as Microsoft or another party could be frustrated if they mounted an effort to acquire OpenAI.
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