After a chaotic year during which he was fired and rehired, OpenAI co-founder and chief Sam Altman is set for a big payday as the company eyes a radical change.
OpenAI is discussing giving chief executive officer Sam Altman a 7 per cent equity stake in the company and restructuring to become a for-profit business, a major shift that would mark the first time Altman is granted ownership in the artificial intelligence startup., tasked with turning a profit and also helping society, according to a source familiar with the discussions who wasn’t authorised to speak publicly about them.
OpenAI was founded in 2015 as a nonprofit research organisation with the goal of building artificial intelligence that would be safe and beneficial to humanity. In keeping with those origins, Altman had not taken equity, stressing the company was meant to broadly benefit society and that he had enough money.
In a statement on X, Murati said she was “stepping away because I want to create the time and space to do my own exploration.” In response, Altman expressed “tremendous gratitude” for Murati’s contributions, writing, “It’s hard to overstate how much Mira has meant to OpenAI, our mission, and to us all personally.” He also said that he would share more with employees about transition plans soon.Murati does not yet have a exit date at the company, according to a person familiar with the matter.
After Altman’s ouster, Murati gained a higher profile when she was appointed as interim CEO — but she quickly joined a group of executives pushing for Altman to be reinstated. The company currently has about 1700 employees, more than double the roughly 770 it had in late 2023.
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