OpenAI's restructuring involves transforming from a non-profit board to a for-profit corporation, allowing for larger investor returns, while the non-profit will retain a stake.
Sam Altman is set to receive equity in the new for-profit entity, highlighting a significant financial incentive in this corporate restructuring of OpenAI.
The move to a for-profit model could value the company up to $150 billion, representing a substantial shift in its operational and financial strategy.
Despite the change, OpenAI assures that its mission of building AI that benefits everyone will remain intact, with the non-profit entity continuing to exist.
Collection
[
|
...
]