From Yahoo Finance: 2025-03-24 13:00:00

OpenAI is making changes to its leadership team, with COO Brad Lightcap taking on more responsibilities for day-to-day operations, international expansion, and partnerships with companies like Microsoft and Apple. CEO Sam Altman is focusing on research and product efforts, with new executives being promoted to key roles to support cutting-edge AI research.

Altman stated that OpenAI remains committed to frontier AI research that accelerates human progress while also delivering products used by millions. The company has seen high-profile departures, but remains dedicated to building artificial general intelligence in a safe and beneficial way. Executives like Mark Chen will play a key role in balancing safety and new software releases.

Founded as a nonprofit, OpenAI is considering restructuring as a for-profit, public benefit corporation. The company is also in talks to raise up to $40 billion in funding at a $300 billion post-money valuation, reflecting its growing headcount, valuation, and ambitions in the AI space.



Read more at Yahoo Finance: OpenAI Expands COO’s Role as Altman Focuses on Research and Products