OpenAI CEO considers transitioning to for-profit status, The Information reports

Reported 8 months ago

According to The Information, OpenAI CEO Sam Altman discussed the possibility of changing the company's governance structure to a for-profit model independent of its nonprofit board, considering options like becoming a for-profit benefit corporation. OpenAI responded that their focus remains on developing AI for the benefit of all, emphasizing the continued existence of the nonprofit core to their mission amidst ongoing restructuring discussions.

Source: YAHOO

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