According to Odaily, OpenAI CEO Sam Altman has recently informed some shareholders that the company is contemplating a change in its management structure. The proposed change would see OpenAI transition into a profit-making company, similar to its competitors Anthropic and xAI, and reduce its ties with its non-profit parent organization.
Before Microsoft's investment, OpenAI's non-profit organization contributed more capital than other shareholders. This change could potentially pave the way for OpenAI to eventually go public, with its current valuation already reaching $86 billion. Additionally, this move would provide Altman with the opportunity to own company shares, a move that some investors are also pushing for.
Last year, OpenAI employees sold shares worth more than $800 million. The proposed changes in OpenAI's structure and its potential move towards an IPO represent significant developments in the AI industry.
