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Insiders: OpenAI discusses giving CEO Altman 7% equity in profit transition

2024-09-26 08:23:45
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According to ChainCatcher news, as reported by Jinshi, sources say that OpenAI is discussing allowing CEO Sam Altman to hold 7% of the company's shares and restructuring into a for-profit entity. This significant shift would mark the first time Altman gains ownership of the artificial intelligence startup.

Sources indicate that the company is considering becoming a public benefit corporation, helping society while achieving profitability. They also mentioned that the transformation is still under discussion, and the timeline has not been determined. An OpenAI spokesperson stated that OpenAI remains "focused on building AI that benefits everyone," adding that "the nonprofit organization is our core mission and will continue to exist."

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