Deniz 
A person familiar with the continuous debates claims OpenAI’s board is looking at ideas to transform the business into a for-profit firm. Though they asked for anonymity due to the delicate nature of the talks, the artificial intelligence (AI) behemoth will have a distinct non-profit subsidiary, according to the source.
The suggested reorganization would simplify liquidity options for staff members and streamline processes for investors, the person said. This action coincides with major internal transformations and well-publicized executive exits from the company, which has led the front stage in artificial intelligence innovation with its ground-breaking product, ChatGPT.
After six and a half years at OpenAI, Mira Murati, the chief technology officer, announced her leaving on Wednesday. Citing a wish to “create the time and space to do my own exploration,” Murati informed staff members in a memo about her decision. She underlined her will to provide a seamless transition before her leaving. Murati thanked her time at OpenAI in the memo, also shared on social media platform X (previously Twitter), stating, “There’s never an ideal time to step away from a place one cherishes, but this moment feels right.”
Later in the day, OpenAI CEO Sam Altman acknowledged the resignations of Research Chief Bob McGrew and Research Vice President Barret Zoph, therefore sparking another leadership shuffle. Altman underlined that their choices had no bearing on Murati’s leaving or on one another. “The timing of Mira’s decision was such that it made sense to now do this all at once, so that we might work together for a smooth handover to the next generation of leadership,” Altman wrote on X.
Rising to popularity after the AI chatbot, ChatGPT, was published in late 2022, OpenAI has had numerous top-level leaders resign recently. Former safety chief Jan Leike and co-founder Ilya Sutskever left in May; this month co-founder John Schulman left to join competitor AI company Anthropic.
The possible change of OpenAI’s board to a for-profit structure marks a turning point for the business as it keeps gaining importance and value. Investors and business executives closely observing how these strategic changes and leadership changes affect the future of the company.
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