AI Giant OpenAI Plans Shift to For-Profit Model, Altman to Receive 7% Stake

OpenAI is planning a significant restructuring of its core business, as first reported by Reuters on Thursday. The artificial intelligence powerhouse is considering a transition to a for-profit benefit corporation, a move that would reshape its governance structure and make it more appealing to investors. Under the proposed plan, OpenAI’s non-profit arm would retain a … Continue reading AI Giant OpenAI Plans Shift to For-Profit Model, Altman to Receive 7% Stake