It looks like Sam Altman will get richer off of OpenAI after allOpenAI is transitioning to a for-profit benefit corporation, allowing for external investment and potential IPO, while the nonprofit board retains a minority stake.
AI leaders urge CA, DE AGs to stop OpenAI for-profit shiftAI experts urge regulators to block OpenAI's restructuring due to concerns over public interest and profit motives.
It looks like Sam Altman will get richer off of OpenAI after allOpenAI is transitioning to a for-profit benefit corporation, allowing for external investment and potential IPO, while the nonprofit board retains a minority stake.
AI leaders urge CA, DE AGs to stop OpenAI for-profit shiftAI experts urge regulators to block OpenAI's restructuring due to concerns over public interest and profit motives.