OpenAI Warns Investors to Avoid Unauthorized SPVs for Equity Exposure
OpenAI cautions investors to steer clear of special purpose vehicles (SPVs) and other schemes claiming to offer exposure to its equity. In a blog post, the company says unauthorized deals won’t be recognized or hold any economic value, though legitimate offers can exist. As SPVs surge in popularity for pooling funds into hot AI startups, OpenAI and peers like Anthropic are tightening transfer rules to prevent circumvention and protect equity interests.