Following the abrupt departure of OpenAIās CTO, Mira Murati, CEO Sam Altman is reportedly poised to receive equity in the company for the first time as OpenAI moves away from its longstanding nonprofit structure.
Reuters, citing people familiar with the matter, reports that OpenAI plans to restructure into a for-profit benefit corporation ā similar to rivals such as Anthropic and Elon Muskās xAI. The nonprofit OpenAI board, which currently oversees OpenAIās for-profit operations, will relinquish control but retain a minority stake in the new for-profit OpenAI entity.
The transition is intended to make OpenAI more attractive to outside investors, whoāve chafed at the companyās current cap on returns. But itās likely to raise concerns from the AI safety community about whether OpenAI can hold itself accountable in its pursuit of superintelligent AI.
Per Reuters, much of the restructuring planās details ā and timeline ā are still being hashed out.
