\n<\/p>\n
OpenAI describes its business structure as \u201ca partnership between our original Nonprofit and a new capped profit arm,\u201d which has been a contributing factor in last year\u2019s short-lived board coup against CEO Sam Altman and a recent lawsuit<\/a> by cofounder Elon Musk. But that\u2019s reportedly set to change<\/a> along with a massive new funding round<\/a> that\u2019s still being negotiated but could value the ChatGPT maker at more than $150 billion. <\/p>\n<\/div>\n Now, Reuters <\/em>cites unnamed sources<\/a> saying that part of the new plan includes providing an unspecified amount of equity to Altman for the first time. It says that in the new structure, OpenAI would proceed as a for-profit benefit corporation, like rival AI company Anthropic. <\/p>\n<\/div>\n That business would \u201cno longer be controlled by its non-profit board\u201d and become more attractive to investors, with the nonprofit maintaining a minority ownership stake. However, for those concerned with OpenAI\u2019s approach to safety vs. potential profits, it may be unsettling as the company pursues AI models capable of reasoning. <\/p>\n<\/div>\n When Altman returned as CEO last November,<\/a> his letter mentioned \u201cimproving our governance structure,\u201d and that seems to be taking shape while other executives are leaving. OpenAI CTO Mira Murati announced her exit today, Reuters <\/em>notes president Greg Brockman has been on leave, and former chief scientist Ilya Sutskever separated from the company<\/a> earlier this year.<\/p>\n<\/div>\n