“OpenAI” is about to restructure itself into a for-profit business.

“OpenAI” is about to restructure itself into a for-profit business, hoping to help investors and employees more easily realize liquidity, while the CTO and two senior research executives resign.

September 26, 2567, CNBC reported that sources said that The board of OpenAI, the developer of ChatGPT, is considering plans to restructure the company into a for-profit business. However, the Company will maintain its non-profit division as a separate legal entity.

The structure would be more straightforward for investors and would make it easier for OpenAI employees to gain exposure to liquidity.

The news of the discussions came after Mira Murati, CTO of OpenAI Said on September 25, 2567 that he would resign from the company after serving in the position for 6 and a half years.

Later that day Sam Altman, CEO of OpenAI said Bob McGrew, Head of Research Barret Zoph, Vice President of Research They will also resign, causing the company to continue to lose high-level talent.

Murati stated on social media platform X that: “After careful consideration, we have made the important decision to step down from OpenAI… There is never a better time to step away from the place we love, but this moment feels right.”

They are the latest senior executives to leave OpenAI, which has surged in popularity and value since the launch of its chatbot ChatGPT in late 2565. OpenAI co-founder Ilya Sutskever and former security lead Jan Leike announced their departures in May. Co-founder John Schulman said last month he was leaving to join rival Anthropic.

However, OpenAI is in the process of raising a new round of funding that will value it at over $150,000 billion. Thrive Capital is expected to lead the round and plan to invest $1,000 billion, with Tiger Global also planning to participate.

Reference: cnbc.com

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