OpenAI looks to shift away from nonprofit roots, convert to for-profit company
OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders.
OpenAI plans tectonic shift from nonprofit to for-profit, giving Altman equity
Reuters reported that OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation, moving away from control by its nonprofit board. The shift marks a dramatic change for the AI company behind ChatGPT,
OpenAI plans ‘for-profit’ shift amid leadership departures and restructuring
Enterprise partners and investors may reevaluate their relationship with the company as its priorities shift under the new structure.
OpenAI announces its shift to a for-profit corporation
ChatGPT-maker OpenAI will restructure into a for-profit benefit corporation that will no longer be controlled by its non-profit board.
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 weighs shift to for-profit entity, 7% stake for Sam Altman
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 discusses giving Sam Altman a 7% stake and shift to a for-profit model
OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a for-profit business
OpenAI makes major shift its non-profit model with bold move
OpenAI is reportedly planning a major shift in its corporate structure, moving away from its original non-profit roots. To attract investors, ChatGPT creator is preparing to reorganise its main operations into a for-profit benefit corporation
OpenAI discusses giving Sam 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 chair says board has discussed equity compensation for CEO Sam Altman
(Reuters) -OpenAI Chair Bret Taylor said on Thursday the company's board has discussed whether to compensate CEO Sam Altman with equity but no decision has been made. In a statement, Taylor said no specific figures have been discussed for any equity compensation for Altman.
OpenAI Discusses 7% Stake for Altman 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.
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What's behind OpenAI's potential governance shift
It turns out that OpenAI's status as a nonprofit might've been the most artificial thing about it. Why it matters: A ...
OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end ...
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OpenAI looks to shift away from nonprofit roots, convert to fully 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 ...
OpenAI undergoes major shakeup
Welcome to The Hill’s Technology newsletter{beacon} Technology Technology   The Big Story OpenAI execs depart amid reports of ...