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.
Friar wrote in an email that OpenAI's funding round for $6.5 billion is ready to close soon and is already oversubscribed, ...
The planned restructuring comes amid personnel upheaval including resignation of chief technology officer.
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in the company ...
They are the latest high-profile departures from the ChatGPT maker. CEO Sam Altman expressed his gratitude for Murati’s ...
Altman's attempted ouster involved some members of OpenAI's board as well as top company employees. Former board members ...
OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end ...
OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end ...
While OpenAI already has a for-profit division, where most of its staff works, it is controlled by a nonprofit board of ...
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