Sam Altman, OpenAI
OpenAI could shake up its nonprofit structure next year
It’s looking increasingly likely that OpenAI will soon alter its complex corporate structure. Reports earlier this week suggested that the AI company was
Sam Altman told OpenAI staff the company’s non-profit corporate structure will change next year
The OpenAI CEO had previously admitted that the company’s structure is “unusual.” Now he's made it clear, it's time to change it.
OpenAI is reportedly moving away from its complicated non-profit structure next year
OpenAI started as a non-profit organization in 2015 that relied on money from donors. In a page explaining its structure, it said that it only raised $130.5 million in total donations over the years,
Altman to Overhaul OpenAI’s Nonprofit Structure Next Year
Sam Altman, co-founder and CEO of OpenAI, has revealed plans to significantly overhaul the company’s current nonprofit-based organizational structure, the Fortune reported.[1] During an internal meeting with OpenAI's team,
OpenAI transitioning to for-profit structure: What it means for investors
As reported by Fortune, CEO Sam Altman has announced plans to transition the company from its current non-profit status to a traditional for-profit organization. The specifics of this change and what the future corporate structure will look like have not been disclosed yet.
OpenAI is reportedly moving away from its complicated non-profit structure next year
Sam Altman has told OpenAI staff members during their weekly meeting that the company is changing its rather convoluted non-profit corporate structure next year, according to Fortune. The CEO said ...
Sam Altman Signals Profit-Driven Future for OpenAI as Nonprofit Structure Faces Overhaul
OpenAI CEO Sam Altman announced a major corporate restructure, with the company expected to abandon its nonprofit status and shift toward a profit-driven model by next year. The change reflects increasing investor
OpenAI's Employees See This Latest Creation As 'Ominous' – What Is It?
Employees at OpenAI have voiced their dissatisfaction with the company's proposed new logo, which they have described as ...
Even with a $150 billion valuation, OpenAI is far from a sure bet
OpenAI is already the best-funded AI startup by far, having raised an estimated $13.5 billion. Reports say the company is now ...
OpenAI's $150 Billion Valuation Depends on Corporate Structure
OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge ...
OpenAI's mission to develop AI that 'benefits all of humanity' is at risk as investors flood the company with cash
OpenAI CEO Sam Altman is in danger of straying from his company's original mission as he works to appease investors and raise ...
OpenAI could be a for-profit company next year
When OpenAI started out, it was dependent on donations from some large investors, as many companies are. It’s been this way ...
OpenAI, still haunted by its chaotic past, is trying to grow up
The San Francisco startup is trying to look more like a no-nonsense company ready to lead the tech industry’s march into ...