OpenAI plans to convert to a for-profit company, give Sam Altman 7% stake – Hindustan Times
From Google: 2024-09-25 22:54:05
OpenAI, a leading artificial intelligence research lab, is planning to transition into a for-profit company. As part of this move, Sam Altman, the CEO of OpenAI, will be given a 7% stake in the company. This decision is expected to help OpenAI attract more funding and operate more like a traditional business.
Read more at Google: OpenAI plans to convert to a for-profit company, give Sam Altman 7% stake – Hindustan Times