OpenAI is considering a shift to a for-profit structure, granting CEO Sam Altman a 7% equity stake. This change follows the departure of key executives and aims to align profit generation with its mission of benefiting society. No timeline has been set.
FILE - Sam Altman, right, CEO of ChatGPT maker OpenAI, and Mira Murati, chief technology officer, appear at OpenAI DevDay, OpenAI's first developer conference, on Nov. 6, 2023 in San Francisco. (AP Photo/Barbara Ortutay, File)
Former Apple design chief Jony Ive is developing an AI hardware project with OpenAI CEO Sam Altman. Funded by Emerson Collective, the initiative involves a small team and aims to leverage generative AI to enhance computing capabilities, potentially raising $1 billion.
