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2. OpenAI confirms plans to become a for-profit company as it ...

   www.aol.com/finance/openai-confirms-plans-become...

   Fortune reported in September that CEO Sam Altman told staff a for-profit structure would come in 2025. OpenAI confirms plans to become a for-profit company as it looks to raise even more investor ...

3. OpenAI to remove non-profit control and give Sam Altman ...

   www.aol.com/news/exclusive-openai-remove-non...

   Chief executive Sam Altman will also receive equity for the first time in the for-profit company, which could ... OpenAI added the for-profit OpenAI LP entity in 2019 as a subsidiary of its non ...

4. Removal of Sam Altman from OpenAI - Wikipedia

   en.wikipedia.org/wiki/Removal_of_Sam_Altman_from...

   Sam Altman is a co-founder of OpenAI and its former chief executive; Altman took over the company following co-chair Elon Musk's resignation in 2018. Under Altman, OpenAI has shifted to becoming a for-profit entity. [5]

5. OpenAI reveals new details about its plan to convert to a for ...

   www.aol.com/news/openai-reveals-details-plan...

   The ousting and return of OpenAI CEO Sam Altman in 2023 thrust the company's nonprofit board governance structure into the spotlight. Jason Redmond/AFP/Getty Images OpenAI shared new details about ...

6. OpenAI outlines new for-profit structure in bid to stay ahead ...

   www.aol.com/news/openai-lays-plan-shift-profit...

   Its unusual structure gave control of the for-profit unit to the nonprofit and was in focus last year when Sam Altman was fired as CEO only to return days later after employees rebelled ...

7. Sam Altman - Wikipedia

   en.wikipedia.org/wiki/Sam_Altman

   In late February 2024 Musk sued OpenAI and Altman, alleging they broke the company’s founding agreement by giving priority to profit over benefit to humanity. [94] A few days later OpenAI executives, including Altman, dismissed these claims in a blog post. [95]

8. OpenAI's unusual nonprofit structure led to dramatic ouster ...

   www.aol.com/news/openais-unusual-nonprofit...

   This unique structure made it possible for four OpenAI board members — the company's chief scientist, two outside tech entrepreneurs and an academic — to oust CEO Sam Altman on Friday.

9. It looks like Sam Altman will get richer off of OpenAI after ...

   www.aol.com/looks-sam-altman-richer-off...

   CEO Sam Altman could receive equity, with OpenAI reportedly in talks to raise fresh funds at a valuation of $150 billion. OpenAI is working to revamp its structure into a for-profit business ...