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It looks like Sam Altman will get richer off of OpenAI

Exclusive: OpenAI to remove non-profit control and give Sam Altman equity

The company’s unusual structure, which gives full control of the for-profit subsidiary to the OpenAI nonprofit, was originally set to ensure the mission of creating "safe AGI that is broadly beneficial," referring to artificial general intelligence that is at or exceeding human intelligence.

Business Insider on MSN · 4h

An OpenAI shake-up wouldn't just make Sam Altman richer — he'd have more control, too

Changing the structure of OpenAI could be advantageous for Sam Altman, a corporate law expert said.

Fortune on MSN · 1h

Sam Altman is setting himself up for a massive $10 billion payday as more OpenAI executives head for the exit

OpenAI is in the process of transitioning from a non-profit business to a for-profit one—and Sam Altman, the company’s CEO and one of its eight original founders, might end up getting a huge payday as a result.

OpenAI Restructures, Nonprofit Board Loses Control

Reuters on MSN · 23h

OpenAI CEO denies exec departures linked to restructuring

ChatGPT-maker OpenAI CEO Sam Altman said on Thursday the recent departure of top executives from the company had nothing to do with its planned restructuring.

Digital Trends on MSN · 20h

OpenAI’s restructuring will see it become a for-profit company

OpenAI is reportedly planning to scrap the nonprofit structure of its core business in favor of a for-profit model that will be more attractive to investors.The Latest Tech News, Delivered to Your Inb

OpenAI reportedly looking to strip control from nonprofit board, go for-profit in restructuring

Artificial intelligence startup OpenAI is planning to pull control from its nonprofit board and go for-profit to attract more investors, according to a new report.

OpenAI Exec Mira Murati Says She's Leaving AI Company

Reuters on MSN · 1d

OpenAI's technology chief Mira Murati, two other research executives to leave

Microsoft-backed OpenAI's Chief Technology Officer Mira Murati will leave the AI firm, the executive said in a post on X.

U.S. News & World Report · 1d

OpenAI Exec Mira Murati Says She's Leaving Artificial Intelligence Company

A high-ranking executive at OpenAI who served a few days as its interim CEO during a period of turmoil last year said that she’s leaving the artificial intelligence company

The Washington Post on MSN · 1d

Top OpenAI executive Mira Murati leaves company

Murati was chief technology officer. She had been named interim CEO last year when the board tried unsuccessfully to oust CEO Sam Altman

21h

OpenAI pushes limits of tech pivoting

In classic tales of science fiction, rapid technological advancements herald immense potential, while nervous inventors argue ...

13h

OpenAI turmoil is a bad look for its huge funding round, VCs say. 'I would vote with my feet.'

OpenAI is on the verge of closing one of the biggest funding rounds in startup history, but can its lofty valuation survive ...

1hon MSN

Sam Altman tells OpenAI staff there's no plan for him to receive 'giant equity stake' in company

CNBC's Andrew Ross Sorkin reports on the latest news.

1d

OpenAI key personnel changes

Microsoft-backed OpenAI is planning to restructure its core business into a for-profit benefit corporation no longer ...

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