OpenAI Considers For-profit Restructuring
This is a OpenAI news story, published by New York Post, that relates primarily to Sam Altman news.
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nonprofit entityNew York Post
•Sam Altman’s OpenAI pursuing switch to for-profit structure to avoid ‘hostile takeovers’: report
72% Informative
OpenAI is reportedly “pursuing’s plans to abandon its nonprofit roots and restructure as a for-profit entity.
The move could insulate Sam Altman and his allies from “hostile takeovers” or objections over their leadership.
The nonprofit entity that has overseen OpenAI since it was founded in 2015 will continue to exist, but it will no longer be in control of the firm's operations.
VR Score
71
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