OpenAI CEO Says Leadership Shakeup Aims to Flatten Structure, Elevate New Leaders
Portfolio Pulse from Vandana Singh
OpenAI, backed by Microsoft, is transitioning from a non-profit to a for-profit benefit corporation to attract investors. CEO Sam Altman, reinstated after a brief removal, aims to flatten the company's structure and elevate new leaders. Several top executives, including CTO Mira Murati, have left the company.
September 26, 2024 | 5:37 pm
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Microsoft-backed OpenAI is transitioning to a for-profit model, potentially increasing its appeal to investors. This could positively impact Microsoft's investment in OpenAI.
Microsoft's investment in OpenAI could become more valuable as OpenAI transitions to a for-profit model, potentially increasing its appeal to investors and enhancing Microsoft's strategic position in AI.
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