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 as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders.
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 announces its shift to a for-profit corporation
ChatGPT-maker OpenAI will restructure into a for-profit benefit corporation that will no longer be controlled by its non-profit board.
OpenAI plans ‘for-profit’ shift amid leadership departures and restructuring
Enterprise partners and investors may reevaluate their relationship with the company as its priorities shift under the new structure.
OpenAI Bids To Shift to For-Profit Company
OpenAI may transition from a nonprofit to a more conventional corporate structure, potentially becoming a public benefit corporation.
OpenAI weighs shift to for-profit entity, 7% stake for Sam Altman
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.
OpenAI discusses giving Sam Altman a 7% stake and shift to a for-profit model
OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a for-profit business
OpenAI makes major shift its non-profit model with bold move
OpenAI is reportedly planning a major shift in its corporate structure, moving away from its original non-profit roots. To attract investors, ChatGPT creator is preparing to reorganise its main operations into a for-profit benefit corporation
OpenAI chair says board has discussed equity compensation for CEO Sam Altman
(Reuters) -OpenAI Chair Bret Taylor said on Thursday the company's board has discussed whether to compensate CEO Sam Altman with equity but no decision has been made. In a statement, Taylor said no specific figures have been discussed for any equity compensation for Altman.
OpenAI Discusses 7% Stake for Altman 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.
OpenAI’s Sam Altman could get 7% stake as start-up discusses shift to for-profit model
OpenAI is considering these changes against the backdrop of an exodus of senior managers, including Mira Murati OpenAI is discussing giving chief executive officer Sam Altman a 7 per cent equity stake in the company and restructuring to become a for-profit business,
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OpenAI looks to shift away from nonprofit roots and convert itself 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 ...
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OpenAI looks to shift away from nonprofit roots, convert to fully for-profit company
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