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As it happens, OpenAI is reportedly deliberating transforming into a for-profit entity (viaFinancial Times).
If OpenAI successfully transforms into a for-profit entity, it will be split into two entities.
Microsoft CEO Satya Nadella (left) and OpenAI CEO Sam Altman (right) at a recent AI conference.
The charitable arm will also get a stake in the newly found PBC.
The Financial Times report details that OpenAI plans to value the charitable arm at $30 billion.
This could also include determining how much equity OpenAI CEO Sam Altman would get in the new corporation.
OpenAI’s transition into a for-profit arm has already been riddled with hurdles.
Musk’s lawyer says the “previous suit lacked teeth; this is a much more forceful lawsuit.”
Market analysts and experts predict thatMicrosoft might eventually acquire OpenAI within the next three years.
