OpenAI has a fresh rival: Perplexity Deep Research | 2 Min AI+Tech

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OpenAI Weighs Special Voting Rights to Guard Against Hostile Takeovers

OpenAI is considering granting special voting rights to its non-profit board to maintain control and fend off unsolicited takeover attempts, particularly from Elon Musk1. CEO Sam Altman and board members are evaluating governance measures as the company transitions to a traditional for-profit structure. This move could allow the non-profit board to overrule major investors, like Microsoft and SoftBank, ensuring decision-making power remains with the directors1.

On Friday, OpenAI rejected a $97.4 billion acquisition offer from a consortium led by Musk, who co-founded the company but later departed1. Musk's offer is an effort to prevent OpenAI from becoming too profit-driven as it seeks funding to stay competitive in the AI race.

Indian Government Allocates $2 Billion for AI Research and Development

The Indian government has announced a $2 billion investment in AI research and development over the next five years. The funding will support initiatives to develop AI solutions for healthcare, agriculture, education, and smart cities. The program aims to establish India as a global hub for AI innovation and promote the adoption of AI technologies across various sectors.

OpenAI Vs. Perplexity

Perplexity's Deep Research is a great tool that rivals OpenAI $200 a month model. Sam Altman recently took note of this.

Let's find out more about these two companies:

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