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News in English (USA) / 27.09.2024 / 03:00

OpenAI Faces Executive Exodus Amid For-Profit Transition

OpenAI is currently undergoing significant internal turmoil as several top executives, including Chief Technology Officer Mira Murati, have announced their departure. This comes in light of the company's plans to shift from a non-profit model to a for-profit structure and discussions regarding substantial equity stakes for CEO Sam Altman. Some venture capitalists have expressed concerns that this upheaval could negatively impact OpenAI's ongoing attempts to secure fresh funding, with many executives citing structural changes and burnout as contributing factors to their exits. Altman has addressed staff rumors denying any plans for a 'giant equity stake', despite reports indicating that he might receive a 7% stake as part of the restructuring. The rapid turnover signals a broader shift in OpenAI's risk management and governance approach, raising questions about its future direction as it moves towards profitability.
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