Sam Altman, CEO of OpenAI, said that he was told the employees that the company is going to be a change in the structure of its not-for-profit next year.
Sources tell Forbes, according to which the movement is a turning point for the company, which is going to be a hug, a form of a more traditional corporation.
It was established in the year 2015, as a unit of the non-profit OpenAI, initially relied on donations to fund the search for her. However, the company soon realized that this model was not sustainable, to support the high costs of the software and the support necessary to advance the projects, and its exciting to HIM.
In order to overcome this problem, it has created a subsidiary for-profit controlled by a person or entity not-for-profit parent. This structure has created a system in which profits can be shared to investors, including Microsoft's in you, they are very limited. According to a report from The Information published in the June, July, OpenAI dyfishoi of its income annually, in the first half of the year, thanks to the subscription of the ChatGpt. According to Forbes, the decision to move to a model of for-profit and is motivated by the need of OpenAI, to access the resources of a large financial and support growth projects in the future. The current form, though, has made it possible to increase the investment is substantial, the limit is also the ability to be awarded the investors and to attract capital to the new one. The website states that the person or entity not-for-profit, and will continue to exist and play a role in the fundamental mission of the company, although it remains to be seen how the new model will have an impact on the decisions and strategies for the future of OpenAI.
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