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.



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