Sam Altman says OpenAI could become a for-profit meaning it could eventually IPO

From Neowin Media Group: 2024-06-15 11:22:00

1. Sam Altman is considering making OpenAI a for-profit company, potentially through a B-Corp structure that prioritizes societal and environmental impact alongside profits.

2. Should OpenAI become a for-profit, it may consider an initial public offering to gain further investment, potentially leading to more restrictions on free services.

3. OpenAI stated their commitment to building AI for everyone, hinting at a possible structure similar to Mozilla with for-profit and non-profit arms.

4. OpenAI’s potential move to become a for-profit company may signal a shift from its initial transparent stance, sparking disputes with the former board about the company’s direction.



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