After operating under what Sam Altman called an "unusual" structure for over four years, OpenAI is reportedly preparing to become a for-profit business. It's a move that could see the OpenAI chief gain more decision-making power,

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.

At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in the company.