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OpenAI CEO Sam Altman has privately indicated that the company is considering a significant shift in its governance structure. Altman has told investors and shareholders that OpenAI may transition from its current nonprofit status to a for-profit business model. This move would align OpenAI with other AI companies like Anthropic and xAI, which operate as benefit corporations. The potential change could see OpenAI no longer being controlled by a nonprofit board, marking a substantial shift in its operational framework. The Information reported that this consideration follows a Special Review that may have been signaling this possible change.
The Information: "...Sam Altman recently told some shareholders that [OpenAI]...is considering changing its governance structure to a for-profit business..." Not surprised. I previously speculated OAI's Special Review was telegraphing a possible change to "for-profit" structure. https://t.co/PdUfyfoh5L
BREAKING 🚨 OpenAI CEO Sam Altman reportedly told investors that he’s considering changing the company to a for profit business https://t.co/aKgD5nWYdz
New: Sam Altman has told shareholders that OpenAI is considering becoming a for-profit company that would no longer be controlled by a nonprofit board https://t.co/vJEheCsXxr