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Reuters: OpenAI Plans Restructuring to Remove Non-Profit Control and Give Sam Altman Equity
Summary: According to Reuters, OpenAI is restructuring its business into a for-profit benefit corporation, reducing its non-profit's control to make the company more appealing to investors. OpenAI is restructuring its business into a for-profit benefit corporation, reducing its non-profit's control to make the company more appealing to investors. While the non-profit will retain a minority stake, ...
According to Reuters, OpenAI is restructuring its business into a for-profit benefit corporation, reducing its non-profit's control to make the company more appealing to investors. OpenAI is restructuring its business into a for-profit benefit corporation, reducing its non-profit's control to make the company more appealing to investors.
While the non-profit will retain a minority stake, this change raises concerns about AI safety and governance. This shift follows leadership changes, including CTO Mira Murati's departure, and reflects a growing focus on securing funding for the company's ambitious AI goals.
Tags: Mira Murati,OpenAI,Profit,Sam Altman
Link: Reuters: OpenAI Plans Restructuring to Remove Non-Profit Control and Give Sam Altman Equity [Copy]
