OpenAI's Big Changes: Possible Transition to a For-Profit Company, CEO Sam Altman May First Receive Shares

AIbase基地

Published inAI News · 4 min read · Sep 26, 2024

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Recently, there have been reports that OpenAI is undergoing a significant business transformation, potentially shifting to a for-profit company. According to Reuters, OpenAI is in talks with investors for a large-scale funding round, with a valuation potentially exceeding $150 billion. This transformation is closely related to the company's governance structure, especially after CEO Sam Altman's return, during which he mentioned the need to "improve our governance structure."

OpenAI, ChatGPT, Artificial Intelligence, AI

The new business model will operate OpenAI under a "capped profit" model, similar to competitor Anthropic. This new structure will mean OpenAI is no longer controlled by its non-profit board, attracting more investors. Meanwhile, the non-profit part will retain a minority stake. This change has raised concerns about the balance between safety and profitability at OpenAI, especially as the company pursues AI models with higher intelligence levels.

Against this backdrop of change, OpenAI has also seen some executive departures. Recently, Chief Technology Officer Mira Murati announced her departure, and President Greg Brockman is on leave. Earlier this year, the company's former Chief Scientist Ilya Sutskever also parted ways with OpenAI. With the departure of these executives, OpenAI is undergoing an important management restructuring.

Despite this, Sam Altman's return and these changes seem to point towards a new direction for OpenAI's future development. Notably, in the new business plan, Altman is reportedly set to receive a stake for the first time, which was not the case in the past. This news has attracted widespread attention and has us anticipating how OpenAI will achieve more robust commercial growth while maintaining technological innovation.

Key Points:
1. 🚀 OpenAI is considering transforming into a for-profit company, with a valuation exceeding $150 billion.
2. 💼 The new structure will mean OpenAI is no longer controlled by its non-profit board, attracting more investment.
3. 🔄 Multiple executives have left, and OpenAI is undergoing an important management restructuring.

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