OpenAI Cautions Against Unauthorized Investments, Deems SPVs Potentially Worthless
Summary
OpenAI issues stern warning, declaring unauthorized investments like special purpose vehicles (SPVs) claiming exposure to its equity potentially worthless, as such investments may violate transfer restrictions and lack economic value, mirroring crackdown by other AI giants like Anthropic.
Key Points
- OpenAI warns against unauthorized investments like special purpose vehicles (SPVs) claiming exposure to OpenAI equity
- OpenAI says such investments may circumvent transfer restrictions and have no economic value
- Other major AI companies like Anthropic reportedly crack down on SPVs for investment rounds