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OpenAI, sam altman
OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
While OpenAI already has a for-profit division, where most of its staff works, it is controlled by a nonprofit board of directors whose mission is to help humanity.
OpenAI plans tectonic shift from nonprofit to for-profit, giving Altman equity
Reuters reported that OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation, moving away from control by its nonprofit board. The shift marks a dramatic change for the AI company behind ChatGPT,
OpenAI Discusses Giving Altman 7% Stake in For-Profit Shift
OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a for-profit business, people familiar with the matter said, a major shift that would mark the first time Altman is granted ownership in the artificial intelligence startup.
11h
OpenAI to Become For-Profit Company
The planned restructuring comes amid personnel upheaval including resignation of chief technology officer.
10h
OpenAI May Shift to Being a PBC. What Does That Mean?: QuickTake
OpenAI’s managers are weighing whether to turn the fast-growing artificial intelligence pioneer into a public benefit corporation (PBC) that would no longer be controlled by its nonprofit board.
3h
on MSN
OpenAI looks to shift away from nonprofit roots, convert to for-profit company
OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end ...
Sun Journal
1d
OpenAI looks to shift away from nonprofit roots, convert to fully for-profit company
No final decision has been made by the board and the timing of the
shift
hasn’t been determined, the source said.
3h
OpenAI undergoes major shakeup
Welcome to The Hill’s Technology newsletter{beacon} Technology Technology The Big Story OpenAI execs depart amid reports of ...
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