From TechCrunch
By Kyle Wiggers
November 20, 2023
OpenAI was never quite like other generative AI startups — or other startups period, for that matter. Its governance structure is unique and what ultimately led to the abrupt ousting of CEO Sam Altman on Friday. Even after it transitioned from a nonprofit to a “capped-profit” company in 2019, OpenAI retained an unusual structure that […]
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Elon Musk files for injunction to halt OpenAI’s transition to a for-profit
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OpenAI barrels towards IPO that may happen in September
A day after Elon Musk lost his lawsuit that threatened OpenAI's structure, leadership and finances, OpenAI is reportedly back to prepping for its IPO.
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