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with the departure of senior executives and the financing of 6.5 billion, openai is accelerating its transformation into a profitable company

2024-09-26

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phoenix.com technology news, september 26, beijing time, according to people familiar with the matter, openai is planning to transform from a non-profit organization to a for-profit company.its ceo sam altman (hereinafter referred to as "altman") will also hold shares in the for-profit company.according to a statement released when it was founded, openai's goal is to develop artificial intelligence technology "for the benefit of all humanity, unconstrained by the need to generate financial returns."

behind the transformation

openai's transformation decision was not achieved overnight. behind it is the huge success of products such as chatgpt and the global recognition of the potential of generative ai technology. since the release of chatgpt at the end of 2022, the technology has quickly become popular, not only stimulating public interest in ai applications, but also prompting openai, under the leadership of ceo altman, to accelerate the launch of new products to the consumer and enterprise markets, and significantly enhance the strength of the sales, strategy and financial teams.

openai ceo altman wrote to employees that he will now spend more time on the technical and product parts of the company

regarding this transformation, openai emphasized that although it will become a for-profit company,there will still be a nonprofit arm that will continue to pursue charitable goals and hold shares in for-profit companies.the arrangement is designed to ensure that openai does not stray from the social mission for which it was founded as it pursues commercial success.

in addition, openai's transformation is also aimed at increasing its attractiveness to investors. it is revealed that the company is seeking to complete a round of financing of up to us$6.5 billion, and several well-known investment institutions have expressed their intention to invest. it is worth noting that investors in this round of financing will no longer be restricted by the profit cap, which is expected to inject more impetus into openai's future development.

employee outflow

however, as the focus of its business shifted, openai also faced challenges. some employees, including some early members, began to express concerns about whether the company had strayed from its original intention of "building a safe ai system." recently, several senior executives, including chief technology officer mira murati, left the company one after another, which aroused the outside world's attention to the internal dynamics of openai.

murati's departure is particularly noteworthy.as a core member of openai's management team, she not only played a key role in the company's daily operations, but also served as interim ceo during altman's brief resignation as ceo last year. it is revealed that murati's decision to leave was well thought out, and she hopes to devote more time and energy to personal exploration while ensuring that the company can make a smooth transition and maintain its momentum.

mira murati, cto of openai

regarding internal personnel changes and future development directions, openai said it will maintain close communication with all stakeholders. a company spokesperson emphasized: "we are always focused on creating artificial intelligence technology that benefits everyone, and will continue to work with the board of directors to ensure that we can fulfill our mission in the best possible way." (author/han tianshu)

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