Exclusive: OpenAI to Transition to For-Profit Benefit Corporation, Granting Sam Altman Equity
SAN FRANCISCO, Sept 25 – OpenAI, the innovative company behind ChatGPT, is reportedly planning a significant transformation of its business model. Sources indicate that OpenAI will shift from its current structure, dominated by a non-profit board, to a for-profit benefit corporation. This strategic move aims to enhance the company’s appeal to investors while maintaining its … Read more