Home Business OpenAI CEO says company could become for-profit corporation, The Information reports
OpenAI CEO says company could become for-profit corporation, The Information reports

OpenAI CEO says company could become for-profit corporation, The Information reports

by Mose Hickle

OpenAI CEO says company could become for-profit corporation, The Information reports

:OpenAI CEO Sam Altman urged some shareholders that the firm is thinking about changing its governance building to a for-profit industry that the agency’s nonprofit board doesn’t control, The Records reported on Friday.

One scenario Altman said the board is thinking about is a for-profit profit company, which competitors unbiased like Anthropic and xAI are the utilize of, the file said, citing a person that heard the feedback.

The restructuring discussions are fluid and Altman and his fellow directors could well in the shatter bring collectively in mind to rob a outlandish draw, The Records added.

Based on Reuters’ queries referring to the file, OpenAI said: “We live centered on building AI that advantages everyone. The nonprofit is core to our mission and will bring collectively to smooth continue to exist.”

Source: Reuters

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