OpenAI considering restructuring to for-profit; CTO Mira Murati and two top research execs depart
OpenAI’s board is considering plans to restructure the firm to a for-profit business, according to a source who asked to remain anonymous because the talks are ongoing.
OpenAI’s board is considering plans to restructure the firm to a for-profit business, according to a source who asked to remain anonymous because the talks are ongoing. The company will retain its non-profit segment as a separate entity, the source said.
The structure would be more straightforward for investors and would make it easier for OpenAI employees to realize liquidity, the source added.
News of the discussions comes after OpenAI Chief Technology Officer Mira Murati said Wednesday that she is leaving the company after six and a half years.
Later in the day, OpenAI CEO Sam Altman said research chief Bob McGrew and Barret Zoph, a research vice president, are also departing, as the high-valued artificial intelligence startup continues to lose top talent.
Murati wrote in a memo to the company that she’s “stepping away because I want to create the time and space to do my own exploration.” She said her focus will be on ensuring a “smooth transition.”
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