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OpenAI Discusses 7% Stake for Altman
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 as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders.
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.
Sam Altman is way more interested in AI's next chapter than upheaval at OpenAI
Sam Altman spoke at the Italian Tech Week conference on Thursday, just hours after CTO Mira Murati announced her departure from OpenAI.
OpenAI Exec Mira Murati Says She's Leaving AI Company
Mira Murati, OpenAI’s technology chief, becomes the latest exec to leave the company
OpenAI Chief Technology Officer Mira Murati — who has been instrumental in the development of ChatGPT and the artificial intelligence image generator Dall-E — said Wednesday she is leaving the company.
OpenAI Executives Exit as C.E.O. Works to Make the Company For-Profit
Mira Murati, the chief technology officer, and two others are leaving as leaders including Sam Altman work to transform the start-up.
OpenAI CTO Mira Murati says she's leaving the company
OpenAI's CTO Mira Murati posted on X on Wednesday saying she is leaving the company. Murati said she is stepping away to do her own exploration after more than six years at the AI startup. An OpenAI spokesperson declined to comment further,
2h
on MSN
OpenAI's CFO is trying to get the company's investors to keep calm and carry on
Friar wrote in an email that OpenAI's funding round for $6.5 billion is ready to close soon and is already oversubscribed, ...
19h
OpenAI to Become For-Profit Company
The planned restructuring comes amid personnel upheaval including resignation of chief technology officer.
NBC Los Angeles
10h
Sam Altman tells OpenAI employees he hasn't received ‘giant equity stake' in company
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in the company ...
1d
OpenAI Chief Technology Officer Mira Murati and Two Other Top Execs Leave Company
They are the latest high-profile departures from the ChatGPT maker. CEO Sam Altman expressed his gratitude for Murati’s ...
PBS
14h
OpenAI looks to convert from nonprofit roots and become for-profit company
OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end ...
Businessworld
1h
OpenAI CEO Denies Link Between Executive Departures And Company Restructuring Plans
Sam Altman, CEO of OpenAI, has denied reports that the sudden departure of three senior executives is related to the ...
The New York Times
1d
‘We Are Not a Normal Company’: OpenAI’s Latest Drama
de la Merced Lauren Hirsch and Ephrat Livni
OpenAI
has had more than its share of drama over the past year, even as it ...
Kennebec Journal
7h
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 ...
14h
on MSN
OpenAI reportedly looking to strip control from nonprofit board, go for-profit in restructuring
Artificial intelligence startup OpenAI is planning to pull control from its nonprofit board and go for-profit to attract more ...
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