According to
Reuters, as part of its effort to woo investors, OpenAI is considering removing the control that the nonprofit board has on the for profit entity. The board was at the center of significant upheaval at the firm last year when its CEO Sam Altman left and then returned after considerable effort from one of OpenAI's biggest partners, Microsoft.
The report followed earlier ones which claimed that big ticket names such as Apple were interested in investing in the firm ...
OpenAI's nonprofit arm will continue to exist and own a minority stake in the for profit company. The current governance structure was designed to ensure that OpenAI's operations were aligned with actions that were beneficial to society as a whole.
According to
Reuters, as part of its effort to woo investors, OpenAI is considering removing the control that the nonprofit board has on the for profit entity. The board was at the center of significant upheaval at the firm last year when its CEO Sam Altman left and then returned after considerable effort from one of OpenAI's biggest partners, Microsoft.