In a major shift, OpenAI is discussing restructuring to become a for-profit business and giving CEO Sam Altman equity in the company.
OpenAI is discussing giving CEO 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.
In the months after it suddenly fired and then rehired Altman last year, OpenAI has been in a state of flux — losing multiple managers and shifting the structure of some of its teams., Murati said she was “stepping away because I want to create the time and space to do my own exploration.”, “It’s hard to overstate how much Mira has meant to OpenAI, our mission, and to us all personally.” He also said that he would share more with employees about transition plans soon.
In keeping with the company’s nonprofit origins, Altman had famously not taken equity, stressing that the company was meant to broadly benefit society, and that he had enough money. shown off but not yet released, was trained on user-generated videos from YouTube, Facebook, and Instagram. In her post on X, the text of which she earlier sent to employees at the company, Murati said she was grateful to have worked with the OpenAI team.
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