According to sources, Jinse Finance reported that OpenAI is developing a plan to restructure its core business into a for-profit company, no longer controlled by its non-profit board. The non-profit will continue to exist and own a minority stake in the for-profit company. Sam Altman will be the first to receive equity in the for-profit company. The company's value after the restructuring could reach $150 billion.
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LongAndShortSuckers
· 2024-09-25 20:47
Golden Finance reported that according to sources, OpenAI is planning to restructure its core business into a for-profit company, no longer controlled by its non-profit board. The non-profit company will continue to exist and hold a minority stake in the for-profit company. SAM
Insider: OpenAI plans to restructure its core business into a for-profit company
According to sources, Jinse Finance reported that OpenAI is developing a plan to restructure its core business into a for-profit company, no longer controlled by its non-profit board. The non-profit will continue to exist and own a minority stake in the for-profit company. Sam Altman will be the first to receive equity in the for-profit company. The company's value after the restructuring could reach $150 billion.