TechFlow news, September 26 — According to Jinshi Data, sources familiar with the matter said that OpenAI is discussing a plan that would allow CEO Sam Altman to hold a 7% stake in the company and restructure it into a for-profit enterprise. This significant shift would mark the first time Altman gains ownership in the artificial intelligence startup.
The sources noted that the company is considering becoming a public benefit corporation, aiming to generate profits while also contributing to societal good. The sources added that the transition is still under discussion and no timeline has been set. An OpenAI spokesperson stated that OpenAI remains "focused on building AI that benefits everyone," adding that "the nonprofit is central to our mission and will continue to exist."
