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OpenAI Plans Shift to For-Profit
OpenAI Discusses Giving Altman 7% Stake in For-Profit Shift
OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a for-profit business, people familiar with the matter said, a major shift that would mark the first time Altman is granted ownership in the artificial intelligence startup.
OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
While OpenAI already has a for-profit division, where most of its staff works, it is controlled by a nonprofit board of directors whose mission is to help humanity.
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.
OpenAI to Become For-Profit Company
OpenAI is planning to convert from a nonprofit organization to a for-profit company at the same time it is undergoing major personnel shifts including the abrupt resignation Wednesday of its chief technology officer,
OpenAI weighing governance shift away from non-profit
OpenAI's board is continuing to consider restructuring the company in ways that might change its current control by a non-profit organization, but no final plan has been adopted, according to a source familiar with the matter.
OpenAI Plans Shift to For-Profit as CTO Murati Departs
OpenAI is reportedly considering restructuring into a for-profit business, while keeping its non-profit arm separate. The move, disclosed by an anonymous source, aims to simplify the company’s structure for investors and provide greater liquidity for employees.
OpenAI to remove non-profit control, give Altman equity stake: report
OpenAI, the generative artificial intelligence backed by Microsoft (NASDAQ:MSFT), is working on a plan to restructure itself and convert itself into a for-profit benefit corporation, Reuters reported.
11h
on MSN
Hurricane Helene Path Shift Could Cause 'Real Problem,' Meteorologist Warns
Helene strengthened to a Category 1 hurricane Wednesday morning and could cause major damage if it makes landfall in Tampa.
MedPage Today
3h
40-Hour Hurricane Hospital Shift; Giardia's Marketing Strategy; Complaining for Good
What's it like to work in an emergency department during a Florida hurricane? Pediatric emergency physician @beachgem10 took ...
11h
Shift Robotics Launches Moonwalkers Aero Redefining the Pace of Life with Effortless Walking for a More Intentional, Meaningful Journey
Shift Robotics, the creators of the original Moonwalkers, announces the launch of Moonwalkers Aero, built for those who see ...
Axios on MSN
12h
FDA eyes first schizophrenia drug shift in decades
The Food and Drug Administration is slated to decide Thursday whether to approve the first new schizophrenia drug in at least ...
1d
on MSN
Trump Says Plan Will Convince Foreign Companies to Shift Jobs to U.S.
The Republican presidential nominee uses tax breaks and tariff threats in a bid to persuade foreign companies to shift ...
4h
‘Grey’s Anatomy’ Season 21’s Timeslot Shift: How to Make Sure You Don’t Miss New Episodes
Last season, Grey’s Anatomy aired at 9/8c after brand-new episodes of 9-1-1. For Season 21, ABC implemented a dramatic ...
1d
One day along the Texas-Mexico border shows that realities shift more rapidly than rhetoric
The Texas Tribune and The Associated Press spent 24 hours in five cities on Texas’ border with Mexico to measure the impact ...
2d
France's new interior minister vows immigration curbs in rightward shift
France is likely to see much tougher immigration and security measures to reflect a broad rightward shift in society, its new ...
Sun Journal
21h
OpenAI looks to shift away from nonprofit roots, convert to fully for-profit company
No final decision has been made by the board and the timing of the
shift
hasn’t been determined, the source said. OpenAI’s ...
3h
Ogden’s plans to shift to downtown paid parking draw fire from merchants
While paid parking would first be implemented on Historic 25th Street, the Electric Alley parking area north of that and ...
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