OpenAI's transition into a for-profit benefit corporation could attract more investors, yet raises concerns about its dedication to serving humanity as stated in its charter.
The restructuring suggests a significant shift for OpenAI, as CEO Sam Altman may receive a 7% equity stake, diverging from his previous stance on not taking individual profits.
OpenAI's nonprofit arm will persist but hold a minority stake in the for-profit entity, as the company explores funding that could value it at $150 billion.
The changes might eliminate return caps for investors, making OpenAI more appealing to venture capital while enhancing Microsoft's potential returns.
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