① The report mentioned that in order to avoid conflict with the company's multi-billion dollar business, Altman is pushing to reform the company's non-profit structure; ② Altman's main internal rival has either voluntarily resigned or been expelled, and his power is becoming greater than ever.
Finance Association, May 30 (Editor: Zhao Hao) According to Silicon Valley tech media, Sam Altman (Sam Altman) is considering restructuring OpenAI. A person who spoke with Altman revealed that he himself had talked about turning OpenAI into a for-profit company.
According to the structure announced on the official website, the non-profit organization “OpenAI Nonprofit” controls and manages the for-profit subsidiary “OpenAI Global, LLC” through wholly-owned ownership and control of a management entity “OpenAI GP LLC”.
As a result, OpenAI calls itself a “capped-profit (capped-profit)” company, a mixture of for-profit and non-profit.
Source: OpenAI official website
According to some sources, OpenAI has reached an agreement with US tech giant Apple. Apple may announce the integration of the chatbot ChatGPT into the upcoming iOS 18 mobile phone system at the World Developers Conference (WWDC) in two weeks. This move is expected to bring OpenAI billions of dollars in revenue.
The report mentioned that in order to avoid conflict with the company's multi-billion dollar business, Altman is pushing to reform the company's non-profit structure, and the idea has already been discussed internally. Some investors say they do want Altman to take equity to keep the benefits they receive in line with the company's business.
After OpenAI's “major personnel earthquake” occurred last year, Charles Elson, director of the University of Delaware's Center for Corporate Governance, believes that the new board of directors should abolish the current “for-profit and non-profit” hybrid structure and switch to a for-profit organization as soon as is reasonable. The chaos caused by dual status is very problematic.
The report wrote that Altman's main internal rival has either voluntarily resigned or been expelled, and his power is becoming greater than ever. Among these main rivals, many insist that companies use a non-profit organization structure to resist the will and power of capital and avoid subordinating AGI's research and development to the power of capital.
On Tuesday, Helen Toner, a former board member who helped remove Altman as CEO in November last year, told the media that she believes the purpose of OpenAI's board of directors is to ensure that the company puts the public interest mission first and takes priority over other matters such as the company's profits and investors' interests.
Toner said, “Over the years, Altman has been concealing information, misrepresenting the company's situation, and sometimes even directly lying to the board of directors, making it very difficult for the board to perform its duties.”
She also mentioned that the board of directors was not notified until OpenAI first published ChatGPT in November 2022, and some members only learned about it on social media.
Editor/jayden