In a statement posted to X, Altman downplayed the major shakeup. 'Leadership changes are a natural part of companies, especially companies that grow so quickly and are so demanding... I think the reasons Mira explained to me make sense.'
The restructuring could turn the already for-profit company into a more traditional startup and give CEO Sam Altman even more control - including likely equity worth billions.
OpenAI hasn't been a primarily non-profit company since 2019, when it added a for-profit arm to its organizational structure. The move proved controversial enough for co-founder and multi-hyphenate billionaire Elon Musk to quit in disgust.
According to Reuters' sources, details regarding the restructuring are still being finalized behind the scenes and there's no official timeline until the restructuring comes into effect.
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