Reported 12 days ago
OpenAI plans to restructure from a non-profit to a for-profit benefit corporation, relinquishing control from its non-profit board, which aims to attract more investments. COO Sam Altman will also receive equity in the new structure. Despite the changes, OpenAI's non-profit entity will still own a minority stake, and the restructuring process is ongoing amidst leadership shifts within the organization. This evolution raises questions regarding AI safety governance as the company seeks to balance profitability with its mission to advance artificial intelligence responsibly.
Source: YAHOO