OpenAI has 2 years to transition to a for-profit company. Here are 6 key things it will need to do in that time.
Billions of dollars hinges on OpenAI transitioning to a for-profit company in under two years. The process won't be easy.
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-p
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 as the company looks to more fully convert itself into a for-profit corporation.
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’s Complex Path to Becoming a For-Profit Company
Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.
Shift toward for-profit structure puts OpenAI's corporate soul at risk
OpenAI is closing in on raising $6.5 billion — the largest venture capital raise in history. But in order to do so it looks like it will need to do the Delaware equivalent of selling its soul — it will have to overhaul its governance structure so that it's no longer controlled by a nonprofit organization.
Observer1d
OpenAI’s Leadership Exodus: 9 Key Execs Who Left the A.I. Giant This Year
Kosic left last year to join Elon Musk ’s xAI. Several other outgoing OpenAI employees have taken similar routes and gone on ...
OpenAI execs were reportedly worried the company could collapse when Ilya Sutskever left — and tried to woo him back
A WSJ report sheds light on Mira Murati's concern over OpenAI's rushed product launches and how execs scrambled after Ilya ...
OpenAI reportedly mulls $10B payday for Sam Altman as more top executives head for exits
A 7% stake in Microsoft-backed OpenAI could soon be worth a whopping $10.5 billion for Altman, who had not previously taken ...
OpenAI Execs Feared ChatGPT-Parent Would Collapse After Departure Of Ilya Sutskever, Tried To Woo Him Back And Almost Succeeded: Report
Executives at ChatGPT-parent OpenAI were reportedly apprehensive about the company’s future following the exit of key ...
As OpenAI CTO and two others depart, Altman denies link to restructuring plans
On Wednesday, OpenAI Chief Technical Officer Mira Murati announced she is leaving the company in a surprise resignation ...
OpenAI’s Sam Altman calls report of 7% equity stake ‘ludicrous’
The OpenAI boss reportedly added that investors were pushing for him to receive equity to ensure his interests remain aligned ...
Exclusive: OpenAI to remove non-profit control and give Sam Altman equity
The company’s unusual structure, which gives full control of the for-profit subsidiary to the OpenAI nonprofit, was ...
Turning OpenAI Into a Real Business Is Tearing It Apart
Executives and researchers have left the artificial-intelligence company this year amid disputes over the its values and ...
The Information3d
Behind OpenAI’s Staff Churn: Turf Wars, Burnout, Compensation Demands
Last fall, members of OpenAI’s board of directors had had enough of the rumblings inside the artificial intelligence startup ...