Get the latest tech news

OpenAI is reportedly moving away from its complicated non-profit structure next year


Sam Altman has reportedly told OpenAI staff members that they're moving away from its non-profit structure.

Sam Altman has told OpenAI staff members during their weekly meeting that the company is changing its rather convoluted non-profit corporate structure next year, according to Fortune. The CEO said OpenAI will move away from being controlled by a non-profit entity and will transition into a more traditional for-profit organization. A spokesperson only told Fortune that it remains "focused on building AI that benefits everyone" and that non-profit is "core to [its] mission and will continue to exist."

Get the Android app

Or read this on Endgadget

Read more on:

Photo of OpenAI

OpenAI

Photo of Year

Year

Related news:

News photo

OpenAI's $150B valuation hinges on upending corporate structure, sources

News photo

OpenAI o1 Results on ARC-AGI-Pub

News photo

First impressions of OpenAI o1: An AI designed to overthink it