Insider: OpenAI is considering giving Sam Altman a 7% stake in the transition to profitability

Insiders say that OpenAI is discussing allowing CEO Sam Altman to hold 7% of the company's shares and restructure into a for-profit enterprise. This major shift would mark Altman's first ownership of this artificial intelligence startup. Insiders also said that the company is considering becoming a public benefit corporation, helping society while making profits. The insiders further stated that the transformation is still under discussion and no timeline has been set yet. An OpenAI spokesperson said that OpenAI remains "focused on building AI for everyone" and added, "Non-profit organizations are our core mission and will continue to exist."