OpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altman

ChatGPT maker OpenAI is losing even more executives — right as Reuters reports that it’s looking to restructure its core business and wrestle control away from its non-profit board. The restructuring could turn the already for-profit company into a more traditional startup and give CEO Sam Altman even more control — including likely equity worth billions of dollars. As Reuters points out, the move will likely make the company more attractive to investors, who have already poured many billions into it. But OpenAI executives are seemingly far less impressed with the plans. On Wednesday afternoon, OpenAI’s chief technology officer Mira Murati, VP of research Barret Zoph, and chief research officer Bob McGrew all announced they would be leaving the company, suggesting major inner turmoil at the company. In a statement posted to X, Altman downplayed the major shakeup. “Leadership changes are a natural part of companies, especially companies that grow so quickly and are so demanding,” he wrote. ” I obviously won’t pretend it’s natural for this one to be so abrupt, but we are not a normal company, and I think the reasons Mira explained to me (there is never a good time, anything not abrupt would have leaked, and she wanted to do this while OpenAI was in an upswing) make sense.” According to Reuters’ sources, details regarding the restructuring are still being finalized behind the scenes and there’s no official timeline until the restructuring comes into effect. Nonetheless, it’s yet another instance that highlights the ongoing power struggle…OpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altman

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