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OpenAI Rushing To Become For Profit Corp & Give CEO Altman Equity Stake – Report

NewsTech

Published:

OpenAI will soon no longer be controlled by its nonprofit board as the firm shakes up its organizational structure to attract new investors, according to Reuters. The report comes just as the firm's chief technology officer, Mira Murati, who has spent years at the firm, announced her decision to leave the company on X (formerly Twitter). Reports of such a shakeup have been surfacing throughout this year, and as per the details, while the nonprofit board will relinquish control over the firm, it will continue to hold a stake in the for profit arm. OpenAI CEO Sam Altman Will Receive […]

Read full article at https://wccftech.com/openai-rushing-to-become-for-profit-corp-give-ceo-altman-equity-stake-report/

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