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Exclusive: OpenAI to remove non-profit control and give Sam Altman equity
Reuters
SAN FRANCISCO, Sept 25 (Reuters) - ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit...
2 months ago
Watch OpenAI Said to Mull Transition to For-Profit - Bloomberg
Bloomberg.com
00:00[CC may contain inaccuracies] This could be a major shift. Well, it certainly would be a bit of an about turn. I mean, Sam Altman is...
2 months ago
'This is illegal': Elon Musk criticises OpenAI's shift to for-profit model
The Economic Times
ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be...
2 months ago
OpenAI wants to become a for-profit company — and give Sam Altman a lot of equity
Quartz
OpenAI is looking to attract investors by shedding its non-profit business model. Suggested Reading. 4 cars that are perfect for winter,...
2 months ago
Art for profit: New owners, new business model at Fresh Gallery
Springfield Daily Citizen
When the purchase of Fresh Gallery closed at the end of October, the gallery was transformed from a nonprofit entity to a for-profit...
3 weeks ago
Our structure
OpenAI
We designed OpenAI's structure—a partnership between our original Nonprofit and a new capped profit arm—as a chassis for OpenAI's mission: to build...
7 months ago
OpenAI’s for-profit switch could include equity for Sam Altman
The Verge
A report says that OpenAI will switch to a for-profit structure soon, along with a massive new round of investments, and provide CEO Sam...
2 months ago
Sam Altman to Receive Equity as OpenAI Shifts to For-Profit Model
Nasdaq
Sam Altman, OpenAI's CEO, is expected to receive equity for the first time in the for-profit company, which could position OpenAI similarly to rival AI...
2 months ago
OpenAI Shifts Gears, Plans Transition To For-Profit Model
International Business Times
With the transformation, OpenAI will notably depart from its founding principles from 2015 as a non-profit research lab. The Sam Altman-led...
1 month ago
Why is OpenAI planning to become a for-profit business and does it matter?
The Guardian
Company plans announced as it reckons with departure of senior executives and seeks huge investment.
2 months ago