OpenAI may be Gangnam Daughter in law (2019)overhauling its complex nonprofit structure in favor of a traditional for-profit push in 2025, the key to a potential $150 billion valuation as the AI leader veers down a similar profit-seeking path to that of its Silicon Valley peers.
The news was first reported by Fortune, based on comments made by CEO Sam Altman in a weekly OpenAI employee meeting. Altman gave employees little detail, but reiterated that OpenAI was "set" to move away from non-profit control as it had "outgrown" its founding arrangement.
SEE ALSO: Can AI lift up struggling nonprofits — or cause them more pain?Currently, OpenAI operates as a "capped" for-profit LLC controlled by a non-profit. It was this structure that allowed OpenAI's board of directors, part of the non-profit parent structure, to fire Altman as CEO in Nov. 2023. The board accused Altman of lying to and obstructing the work of the non-profit board and OpenAI's safety measures, including omitting the nature of his ownership of the OpenAI startup fund. Altman was later reinstated and took leadership control of OpenAI's revamped internal safety team.
Heading into the new year, Altman and OpenAI's leadership are now navigating a growing, billion-dollar business. Last month, Apple was rumored to be investing in the AI startup, joining other big backers like Microsoft in what would inform the more than $100 billion valuation. According to a Reutersreport from the same day as the Fortunestory, anonymous sources said investors are making capital injections contingent on OpenAI abandoning its profit cap, which may require the non-profit controlling entity to be changed or abolished.
An OpenAI spokesperson told Fortuneand Reuters that the company's non-profit arm is "core to our mission and will continue to exist," as OpenAI stays "focused on building AI that benefits everyone."
Topics Artificial Intelligence OpenAI
How to Secure Your Android Phone and Get the Most Out of Smart Lock
Introducing Our New Video Series, “My First Time”
Greece lifts decades
'Quordle' today: See each 'Quordle' answer and hints for September 24, 2023
Trump delays TikTok ban for another 75 days
The Real Pollyanna Whittier
Watch Branden Jacobs
Walt Whitman, Pop Music Critic
Amazon Big Spring Sale 2025: Best deals under $50
This app will take you inside Tana Mongeau's camera roll
Pairing CPUs and GPUs: PC Upgrades and Bottlenecking
Voting rights activists march on D.C. as Bernice King calls out virtue signaling for MLK Day 2022
On Happiness and Appetite
How YouTube could do more to stop COVID misinformation
Tennessee vs. Kentucky 2025 livestream: How to watch March Madness for free
Turns out Razer’s over
Philip Larkin’s Awful Vacation
What We’re Loving: Tropical Paradise, Anxiety, Translation by The Paris Review
Sunday's Fat Bear Week match pits two fat favorites against each other
How to watch the Texas vs. Baylor football matchup without cable
Cartoon Network and Warner Bros. Animation production staff are trying to unionizeThe Best Christmas Card Ever by Sadie SteinMany Happy Returns, Penelope Fitzgerald by Sadie SteinThe Joyce Lee Method of Scientific Facial Exercises by Justin AlvarezWordle today: Here's the answer and hints for July 22Troy to Ithaca by Sadie SteinGchatting with George Saunders by Katherine BernardThe Black Album by Rowan Ricardo PhillipsLil Nas X, still Very Online, stays unbothered by conservative outrageUpdike on Free Parking by Sadie Stein'Oppenheimer' features 'sex as only Nolan could stage it.' What does that mean?Parler forced to explain 'free speech' to angry usersMysterious Skin: The Realia of William Gaddis by Matthew EricksonTwitter scraps press email's autoFacebook freezes Venezuela president's page for sharing COVID misinfoWhat We’re Loving: Twain, Gilbert, Visconti by The Paris ReviewAmazing Headline Alert by Sadie SteinLisbeth Salander Lives Again, and Other News by Sadie Stein'Barbie' robbed us of another iconic Ryan Gosling Ken momentPetSafe 5 Meal Pet Feeder review: Low Crusoe in California by Sophie Pinkham DFW: the Trading Card, and Other News by Sadie Stein Reading Rooms of Your Dreams, and Other News by Sadie Stein Ululating to Air Supply by Robin Hemley A Prize for Isol by Sadie Stein Save the Date: The Paris Review Revel by The Paris Review Happy Birthday, Lois Lowry by Sadie Stein Literary Vinyl by Sadie Stein Last Chance, Poseurs! Win a Briefcase by Sadie Stein Many Happy Returns, John Steinbeck by Sadie Stein Chicken Poetry, and Other News by Sadie Stein Happy Birthday, Flannery O'Connor by Sadie Stein Blurring the Lines: An Interview with Michelle Orange by Michele Filgate Happy Birthday, Telephone Book by Sadie Stein Cat’s Meow by Sadie Stein Happy Birthday, Victor Hugo by Sadie Stein Our Books Lack Feelings, and Other News by Sadie Stein Persepolis Ascendant, and Other News by Sadie Stein The Joy of Books by Sadie Stein The Art of Losing by David McConnell
1.5147s , 8201.703125 kb
Copyright © 2025 Powered by 【Gangnam Daughter in law (2019)】,Co-creation Information Network