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Sources: OpenAI plans to restructure its core business into a for-profit company
On September 26th, according to sources, OpenAI is working on a plan to restructure its core business into a for-profit company, no longer controlled by its non-profit board. The non-profit company will continue to exist and own a minority stake in the for-profit company. Sam Altman will acquire an equity stake in the for-profit company for the first time. The company could be worth $150 billion after the reorganization.
2024-09-25 20:23:45
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