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OpenAI’s for-profit switch could include equity for Sam Altman
As another OpenAI exec leaves.
OpenAI describes its business structure as “a partnership between our original Nonprofit and a new capped profit arm,” which has been a contributing factor in last year’s short-lived board coup against CEO Sam Altman and a recent lawsuit by cofounder Elon Musk. Now, Reuters cites unnamed sources saying that part of the new plan includes providing an unspecified amount of equity to Altman for the first time. OpenAI CTO Mira Murati announced her exit today, Reuters notes president Greg Brockman has been on leave, and former chief scientist Ilya Sutskever separated from the company earlier this year.
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