OpenAI’s chief research officer has left following CTO Mira Murati’s exit
TechCrunchSEP 20 2024
OpenAI, the creator of artificial intelligence (AI) chatbot ChatGPT, is reportedly planning to shift from its current non-profit status to becoming a for-profit company, with CEO Sam Altman receiving equity in the corporation.OpenAI, the creator of artificial intelligence (AI) chatbot ChatGPT, is reportedly planning to shift from its current nonprofit status to becoming a for-profit company, with CEO Sam Altman receiving equity in the corporation.
While it will no longer control OpenAI's main business operations, the nonprofit, which was founded in 2015 as an AI research organization, will still have a minority stake in the company.
Once given for-profit status, the current cap on returns for OpenAI investors will be abolished, with some estimating the corporation will be worth upwards of $150B after the restructuring.