Reported 10 days ago
Sam Altman, the CEO of OpenAI, has denied reports suggesting he would receive a significant equity stake in the company's shift to a for-profit model. During a company meeting, he stated there are currently no plans in place for him to be awarded such equity, which had been rumored to potentially increase his wealth significantly. The discussions around his compensation are ongoing amid recent executive departures and structural changes at OpenAI, which is aiming to raise $6.5 billion at a substantial valuation.
Source: YAHOO