{"id":861381,"date":"2024-09-30T07:55:47","date_gmt":"2024-09-30T02:25:47","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=861381"},"modified":"2024-09-30T08:03:27","modified_gmt":"2024-09-30T02:33:27","slug":"openai-to-restructure-transfer-control-from-non-profit-board-and-grant-equity-to-sam-altman","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/30\/openai-to-restructure-transfer-control-from-non-profit-board-and-grant-equity-to-sam-altman\/","title":{"rendered":"OpenAI to restructure , transfer control from non-profit board and grant equity to Sam Altman"},"content":{"rendered":"<p>OpenAI, the creator of ChatGPT, is reportedly planning a major restructuring that would turn its core business into a for-profit benefit corporation, no longer controlled by its non-profit board, according to sources familiar with the matter. This move is expected to make the company more appealing to investors, though the non-profit arm will continue to exist and retain a minority stake in the for-profit entity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OpenAI, the creator of ChatGPT, is reportedly planning a major restructuring that would turn its core business into a for-profit benefit corporation, no longer controlled by its non-profit board, according to sources familiar with the matter. This move is expected to make the company more appealing to investors, though the non-profit arm will continue to exist and retain a minority stake in the for-profit entity.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-861381","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/861381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=861381"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/861381\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=861381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=861381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=861381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}