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OpenAI realignment to give non-profit over US$100 billion stake
OpenAI’s unusual structure became an issue in 2023 when Altman was suddenly fired and then, after several days of chaos, reinstated.
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cnbc.com
OpenAI says nonprofit parent will own equity stake in company of over $100 billion
OpenAI said that its nonprofit parent will continue to oversee the company and have a very large stake in its future.
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nytimes.com
OpenAI Takes Big Steps Toward Its Long-Planned Reorganization
The start-up OpenAI reached a tentative deal with Microsoft, its biggest investor, and said it would give a $100 billion stake to the nonprofit that manages it.
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scmp.com
OpenAI realignment to give non-profit over US$100 billion stake
OpenAI’s unusual structure became an issue in 2023 when Altman was suddenly fired and then, after several days of chaos, reinstated.