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 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 as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders.
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.
More OpenAI executives depart amid reports of for-profit restructuring
Two more OpenAI executives announced their departure from the artificial intelligence (AI) company Wednesday amid reports that the ChatGPT maker is considering restructuring into a for-profit business.
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’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
Top executives leave OpenAI amid for-profit push
Top U.S. artificial intelligence startup OpenAI took a hit Thursday after three of its top executives exited the company. The departures come as CEO Sam Altman is reportedly preparing to turn OpenAI into a traditional for-profit company.
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,
Deccan Herald18mOpinion
OpenAI is nearly free from its do-gooder shackles
Crucially, OpenAI 2.0, unlike its original incarnation, is very much Altman’s company. He will, reports suggest, finally be ...
OpenAI reportedly mulls $10B payday for Sam Altman as more top executives head for exits
A 7% stake in Microsoft-backed OpenAI could soon be worth a whopping $10.5 billion for Altman, who had not previously taken ...
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 ...
OpenAI Chief Technology Officer Mira Murati Leaves ChatGPT Maker
As the artificial intelligence compnay transforms to a for-profit enterprise, Murati leads atrio of high-level departures.
More OpenAI executives depart amid reports of for-profit business
Two more OpenAI executives announced their departure from the artificial intelligence (AI) company Wednesday amid reports ...
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 she's ...
OpenAI pushes limits of tech pivoting
In classic tales of science fiction, rapid technological advancements herald immense potential, while nervous inventors argue ...
Fast Company1d
OpenAI brain drain: What to make of CTO Mira Murati’s sudden exit
The number of executive departures from OpenAI this year is getting a little weird ... speech-to-speech and OpenAl o1 mark ...