OpenAI Restructuring Plan Wants To Become A Profit-oriented Company

OpenAI illustration (photo: Unsplash)

JAKARTA - OpenAI is reportedly working on a plan to restructure its core business into a profit-making company, which will no longer be controlled by its non-profit board.

However, the non-profit council will still exist despite its minority stake in the company. After the restructuring, CEO Sam Altman will also receive an equity of 150 billion US dollars (Rp2,276 trillion).

"We remain focused on building a useful AI for everyone, and we are working with the board of directors to ensure that we are in the best position to achieve success in our mission," an OpenAI spokesperson told Reuters.

Details of the company's proposed structure, first reported by Reuters, highlight significant governance changes that occur behind the scenes in one of the most important AI companies.

The plan is reportedly still being discussed with lawyers and shareholders. However, the spokesman said there was no certainty when this restructuring would be completed.

The restructuring plan came after several OpenAI officials decided to resign from the company including CTO Mira Murati, Head of OpenAI Researcher Bob McGrew, and vice president of research, Barret Zoph.